251 St Georges Road, Fitzroy North, Victoria
The Fitzroy Pinnacle
Leasehold $120,000
Business Description
There's no mistaking The Fitzroy Pinnacle as one of North Fitzroy's most distinctive landmarks. This striking, wedge-shaped corner pub, complete with statues and a turret, rises proudly from St Georges Road, inviting locals and visitors alike to step inside. Known for its welcoming community atmosphere, the Pinnacle offers something for everyone: a lively all-weather beer garden, great vantage points for watching the footy, one of Melbourne's most popular trivia nights, and a steady lineup of local live music acts performing multiple nights each week. The eclectic mix of locals, friendly staff, and vibrant events make it a true neighbourhood institution.
Inside, the venue is full of character. The triangular front section houses a stage overlooking the main bar, surrounded by band memorabilia and warm lighting. Behind the bar, a games room with a pool table provides a relaxed retreat. The well-equipped commercial kitchen supports a solid food offering, while a corridor leads past the amenities to the covered beer garden at the rear a proven drawcard all year-round. Upstairs, a self-contained two-bedroom apartment provides additional income potential or convenient onsite accommodation. Across the landing is a storage room and large office.
The Pinnacle operates under an On-Premises Licence until 1am, with a venue capacity of 226 patrons. The lease offers strong security of tenure, with 15 years remaining (5+5+5) at $3,850 per week including GST for the entire building. An extensive fixtures and fittings list is included, with no equipment or supplier contracts being transferred.
Currently run under management, the Pinnacle would ideally suit an owner-operator looking to bring hands-on energy and creativity to an already well-established venue. With loyal local trade, experienced staff, and strong forward bookings, all the infrastructure is in place to hit the ground running. The vendors are seekin
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - MelbourneKey Investment Insights
1. Iconic wedge-shaped corner pub and local landmark on St Georges Road, offering strong street presence and curb appeal.
2. Distinctive exterior features including statues and a turret, reinforcing brand identity and destination status.
3. Lively all-weather covered beer garden at the rear, proven as a year-round drawcard.
4. Entertainment strengths include one of Melbourne's most popular trivia nights, regular local live music multiple nights per week, and great vantage points for watching the footy.
5. Characterful interior with a stage overlooking the main bar, band memorabilia, warm lighting, and a games room with a pool table, supporting varied patron experiences.
6. Well-equipped commercial kitchen supporting a solid food offering, enabling food-led revenue opportunities.
7. Upstairs self-contained two-bedroom apartment provides additional income potential or convenient onsite accommodation, complemented by a storage room and large office.
8. Licensed to operate on-premises until 1am with a venue capacity of 226 patrons, supporting late trading and event hosting.
9. Secure lease in place with 15 years remaining (5+5+5), rent $3,850 per week including GST for the entire building, offering tenancy stability.
10. Extensive fixtures and fittings included in the sale, reducing immediate capex; no equipment or supplier contracts are being transferred.
11. Currently run under management with loyal local trade, experienced staff, and strong forward bookings, facilitating a smooth transition.
12. Best suited to an owner-operator who can inject hands-on energy and creativity to grow an established neighbourhood institution.
