A 3-story beachfront building located at 92 Beach Street Port Melbourne for sale by Stonebridge agents Dylan Kilner, Nic Hage, and Shawn Luo. New London House for sale with vacant possession, together with 1am Liquor Licence capacity for 300 patrons including external licence for corner outdoor seating areas on both Princes Street and Beach Street for up to 70 patrons making it ideal for various business purposes, including restaurant, pub, boutique hotel accommodation, and luxury residential (STCA).
A 3-story beachfront building located at 92 Beach Street Port Melbourne for sale by Stonebridge agents Dylan Kilner, Nic Hage, and Shawn Luo. This recently completed 958 sqm* commercial building is a genuine blank canvas, offering numerous potential uses in an unparalleled location.
New London House was previously the site of the London Hotel, a renowned establishment for 155 years. According to the Port Melbourne Historical Preservation Society, it held "the best position of all Port Melbourne's waterfront pubs."
The property enjoys a convenient location within walking distance of Bay Street, Port Melbourne, Princes Pier, Beacon Cove Light Rail Station, and opposite the Port Melbourne Beach esplanade.
New London House features a three-level structure with spacious and open floor plates. Floor-to-ceiling windows offer unobstructed panoramic views of Port Phillip Bay, Station Pier, and the Esplanade. It is being offered with vacant possession, making it ideal for various business purposes, including office, restaurant, pub, boutique hotel accommodation, and luxury residential (STCA).
"This is a rare opportunity to acquire a brand-new commercial property on the iconic Port Melbourne beach," said Dylan Kilner.
"Two new luxury residential developments directly opposite the site, one being delivered by the Sheikh of Kuwait (Action Group Australia), are set to provide a renewed hive of activity to the precinct." said Nic Hage.
"We are delighted to temporarily oversee this prominent corner and aim to facilitate the transition to a new owner for the property's next phase. With a history of robust performance spanning over 155 years, we have no doubt that this corner will continue to thrive in the coming century." said Dylan Kilner.
Commercial buildings in the City of Port Phillip remain in high demand, with recent sales, including 2-4 Douglas Street, which Stonebridge sold at auction last week to an investor with Asian Capital Sources for $5,565,000.
92 Beach Street, Port Melbourne, is available via Expression of Interest, closing on October 12, 2023, at 2:00 pm.
Recently completed 958 sqm* commercial building offered with vacant possession which presents a true blank canvas and provides the ability for multiple future uses including high end restaurant, boutique hotel, pub, office, luxury residential and more (STCA).
To request a copy of the Information Memorandum please contact one of the marketing agents Stonebridge Property Groups’s Dylan Kilner, Nic Hage, and Shawn Luo via the contact details below.