Pier Hotel, 1 Bay Street, Port Melbourne VIC 3207

JLL is thrilled to exclusively offer for sale for the first time in 23 years, the freehold going concern interest in Port Melbourne’s Pier Hotel.

Prominently positioned in the heart of a premier bayside suburb, the Pier Hotel boasts one of the most desirable locations in Melbourne, offering spectacular beachfront vistas with uninterrupted views of Port Phillip Bay.

The property recently underwent an external restoration and offers genuine upside to potential operators via permit approval for an additional level, including a rooftop deck.

The existing trading features include multiple function rooms, along with a large public bar and dining area, complemented by a fully fitted commercial kitchen.

Key highlights include:

* Recently restored externally, bringing the pub back to its former glory
* Coveted beachfront location with stunning bay views
* Multiple trading zones with commercial kitchen and expansive first floor function space
* Genuine scope for expansion via permit approval for additional level, rooftop deck and increase in patron capacity
* Commanding 491sqm* corner site with close to 50 metres of dual street frontage within flexible Mixed Use Zone
* Includes rare 3:00am Late Night (General) liquor licence
* Premier bayside location on high exposure site, within 4km of Melbourne’s CBD

*Approx.

This is truly a once in a generation opportunity to acquire a sought-after beachfront asset.

For sale by Private Treaty

For further information on this opportunity, please contact the exclusive selling agents.

Remember to mention you found this property on CommercialReady