Julien Moussi snares historic Yarra Ranges pub
Café and bar owner Julien Moussi has bought another property to occupy, this time in the Yarra Ranges.
In a deal formalised seven months ago, the hospitality executive paid $4.7 million for the Micawber Tavern freehold going concern, at 65-71 Monbulk Road, Belgrave.
The real estate alone – 6650 square metres zoned General Residential across five titles, with a c1923, well maintained 522 sqm weatherboard building configured with dining spaces and a bar – cost $2.994m.
The deal was sealed a month before Mr Moussi, head of Only Hospitality, bought an ex-first class passenger lounge beside South Yarra station, also with plans to occupy.
Following a renovation, it should accommodate a c300-person venue.
Ten months ago meanwhile, the group reopened Hawthorn’s Beehive hotel, 15 years after it closed. It also secured Collingwood’s former Robert Burns Hotel freehold from the landlord, spending $3.8m.
Micawber Tavern
Only Hospitality is planning a revamp of the Belgrave venue, once known as the Highwood Inn.
Also with a beer garden, the pub is popular for live music (story continues below).
“The Micawber Tavern has a rich history and is a true landmark in Belgrave,” Mr Moussi said.
“My team and I look forward to building upon the pub’s strong foundation, enhancing its offering and ensuring it remains a key destination,” he added.
Jones Real Estate’s Paul Jones was the agent.
Belgrave is about 36 kilometres east of Melbourne’s CBD.
Also today, we are reporting Sydney-based billionaire publican Justin Hemmes’ Merivale is buying an eight level car park in Melbourne’s Paris End to repurpose as a hospitality venue (artist’s impression, top, right).
That seller was the City of Melbourne, for a speculated $55m.
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