RICHMOND
The popular Post Office Hotel near Richmond train station has traded quietly in an off-market deal fetching $2.75 million.
The former Richmond South post office was one of pub group Sand Hill Road’s earliest ventures in the late 2000s and was part of the leasehold portfolio purchased by listed operator Australian Venue co in 2022 for about $100 million.
The pub, at 82 Swan Street opposite the Corner Hotel, is one of a clutch of busy venues within staggering distance of the MCG. It was heritage listed in 2005 – including its interiors – and last changed hands in 2006 for $800,000. Teska Carson’s Adrian Boutsakis did the deal which reflected a 4.72 per cent yield.
