One of Melbourne’s most celebrated chefs, Scott Pickett, is offering a rare opportunity to acquire a landmark Melbourne property with enduring prestige and proven trading performance. 430 Little Collins Street, home to the acclaimed Chancery Lane restaurant, is now on the market, exclusively presented by Jones Real Estate and RWC MC.
Located in the vibrant heart of Melbourne’s CBD, this 629 sqm ground-floor space occupies a prime position within the historic Normanby Chambers.
With a 100% lease-back agreement to the Scott Pickett Group on a 10-year term*, this opportunity presents an exceptional long-term investment, underpinned by a stable and highly reputable tenant. Chancery Lane will continue trading under the Scott Pickett Group, ensuring operational continuity and the ongoing success of one of Melbourne’s leading hospitality venues.
Normanby Chambers is a building of architectural and historical significance originally constructed in 1883. Featuring an opulent, world-class fit-out by Bergman & Co., Chancery Lane reflects a rich tapestry of Melbourne’s artistic heritage and European influences. Elegant design details, including checkerboard flooring, velvet drapery, dark timber wainscotting, deep green marble, and handcrafted finishes, create a uniquely immersive dining experience that compliments the building’s grandeur. Careful spatial planning enhances functionality, delivering an intuitive and luxurious environment for diners and staff alike.
Scott Pickett added:
“This design in Chancery Lane is very different from the other restaurants. It’s darker, moodier, and sexier. I wanted to reflect the heritage of the building – one of the original streets in Melbourne. It’s an incredible building in an incredible location.”
On the opportunity Paul Jones, Managing Director at Jones Real Estate said:
“As Melbourne’s CBD continues its resurgence, assets like 430 Little Collins Street stand out for their long-term value and irreplaceable character. This isn’t just a hospitality venue—it’s a piece of Melbourne’s fabric. With its heritage significance and flagship positioning, it offers enduring appeal in a market that’s hungry for quality, stability, and story.”
The Scott Pickett group, one of Australia’s most highly regarded hospitality groups, operates a growing list of award-winning restaurants across Melbourne. Their venues, ranging from the refined European offerings at Chancery Lane to the vibrant flavours of Thai flavours of Longrain, are unified by a passion for exceptional food and service. With a mission to deliver memorable hospitality experiences, the Group’s continued success underscores the investment security of this rare CBD property offering.
Ted Dwyer, Director at RWC MC added:
“Melbourne’s hospitality scene has proven remarkably resilient, and few operators embody its strength quite like Scott Pickett. This leaseback arrangement provides investors with both stability and prestige—anchored by a renowned tenant in a beautifully crafted, city-defining venue.”
Brought to market by Paul Jones and Luke Peric of Jones Real Estate, alongside Ted Dwyer of RWC MC, 430 Little Collins Street represents an extraordinary opportunity to secure a premium retail investment in Melbourne’s prestigious CBD core.
Chancery Lane is offered for sale via EOI closing June 4th, 2025, at 2pm (AEST).
For more information visit https://www.jonesrealestate.com.au/properties/chancery-lane-430-lt-collins-street-melbourne/.
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