Justin Hemmes takes laneway foothold in Melbourne

Justin Hemmes takes laneway foothold in Melbourne

Flinders Lane. Photo from Visit Melbourne.

Billionaire hospitality businessman Justin Hemmes refuses to be hemmed in by state borders, with the announcement today he will be expanding his Merivale empire to Melbourne. 

The company has purchased Tomasetti House, 277 Flinders Lane in the heart of the Victorian capital, and will mark Merivale's first expansion outside NSW and the second outside Sydney.

Last month Merivale acquired The Quarterdeck, a popular waterfront restaurant in Narooma on the NSW south coast.

Further details of plans for the property are due to be announced in due course.

"Melbourne is a very special city, with a unique energy and an inimitable soul. Its local hospitality industry is one of the best in the world; brimming with creative culinary talent and supported by a passionate community of diners," Merivale CEO Justin Hemmes said.

"We are honoured to open our first venue in Melbourne, and cannot wait to work alongside so many local industry greats.

"Melbourne's CBD has suffered terribly from the hardships of the past year. We are committed to doing everything we can to help reinvigorate the city and support it in its road to recovery."

The five-floor Tomasetti House was originally built in 1853 for William Degraves' flour-milling and merchant businesses.

"I have spent years travelling and being inspired by places from all corners of the globe, but the last twelve months has certainly reinforced that there is simply no place like home," Hemmes said.

"I am energised by Australia's collective appreciation for our own backyard and am extremely passionate about continuing to invest in an industry that defines so much of our vibrant culture."

Photo: Victorian Heritage Database

Never miss a news update, subscribe here. Follow us on LinkedIn, Instagram and Twitter.

Business News Australia

Business News Australia

Australia's business news.
Free. Always.

Join thousands of founders, investors and executives
who read Business News Australia every morning.

Free Access

You're on a roll.
Keep reading — it's free.

Create a free account to keep reading
Business News Australia. No restrictions, ever.

of articles read

You've read articles.
The rest are free too.

Create a free account to keep reading
Business News Australia. No restrictions, ever.

Join Free

No paid subscriptions, just free. Unsubscribe anytime.

The financial case for knockdown rebuild on established Australian land
Partner Content
For most Australian homeowners, the house gets the attention and the land gets taken fo...
Ventures & Visionaries
Advertisement

More News