The Freehold Interest in Port Melbourne’s prestigious 92 Beach Street is being offered exclusively for sale by JLL’s Will Connolly and Tim Carr via a national ‘Expressions of Interest’ campaign, providing a chance to secure and create another iconic Melbourne beachside venue.

Located on the site of Port Melbourne’s former London Hotel, the state-of-the-art re-build was completed in 2021 and offers uninterrupted views of Port Phillip Bay over three levels. With its generous 949sqm net lettable area and current 3:00am late night liquor licence, the property provides the perfect platform to create an iconic venue in one of Melbourne’s premier beachside locations.

92 Beach Street is perfectly positioned opposite the popular Port Melbourne Beach and Spirit of Tasmania shipping terminal, with the bustling Bay Street retail strip nearby. Surrounded by high-density residential towers and numerous retailers/offices on Bay Street, with easily accessible public transport to the city and inner suburbs via light rail and tram, the property is well-positioned to capture the custom of local residents, retailers, office workers and tourists.

With Mr Connolly stating, “True waterfront venues are, and always will be, incredibly elusive to acquire, especially being in the heart of one Melbourne’s premier bayside suburbs and with operational advantages such as the already existing late night, 3am liquor licence.

“This is a very rare opportunity to acquire a stunning beachside property that provides an astute operator the chance to create a true ‘legacy venue’ within one of Melbourne’s most desirable bayside locations.”

Whilst strong interest will be derived from the hospitality market, the property also lends itself to several mixed-use alternatives, with interest also expected to be received just as strongly from a varying mix of investors from areas such as the office and strip-retail sectors.

With Mr Carr adding, “Appetite for strategic inner city office accommodation continues to strengthen in the current market. We find ourselves in an extremely dynamic environment whereby businesses are seeking opportunity to secure whole floor tenancies that provide access to exclusive building amenity.

“92 Beach Street presents a brand new, state-of-the-art building that benefits from direct access to ample natural light and ventilation throughout, and we are confident that the building can also provide first class office accommodation for a variety of future businesses”.

Expressions of Interest for 92 Beach Street are being sought by Wednesday 20 April at 5pm.

To request a copy of the Information Memorandum please contact one of the marketing agents JLL’s Will Connolly and Tim Carr via the contact details below.

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