New London House, 92 Beach Street, Port Melbourne, VIC 3207

Offices | Hotel/Leisure | Retail

For Sale Contact the Stonebridge Team

  • Property ID: 436231
  • Floor Area: 958m²
  • Occupancy: Vacant
New London House– 92 Beach Street, Port Melbourne – Brand New Corner Building Opposite Port Melbourne Beach

Stonebridge Property Group is pleased to present New London House – 92 Beach Street, Port Melbourne, which boasts the following key attributes.

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).

Key highlights of the opportunity include:

- 3 level building with clear and open floor plates and floor to ceiling windows with unobstructed views of Port Phillip Bay, Station Pier and the Esplanade

- Ideal sized floor plates of: Ground 330 sqm*; Level 1: 314 sqm*; and Level 2: 314 sqm* providing flexibility for owner occupation. All boasting bay views and natural light to 2 sides

- Large internal staircase and lift located within the building providing convenient access to all levels

- Rare 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

- Sprawling open plan internal areas ideal for commercial office occupation – ideal business uses include graphic designers, marketing agencies, architects, builders, developers, sound studio, family offices, engineers, co working, tech and more

- Potential to convert the upper 2 levels to unrepeatable penthouse residential homes or hotel accommodation (STCA)

- Flexible Mixed Use zone with potential as of right uses including art gallery, bed and breakfast, community care accommodation, place of worship, rooming house, medical centre and dwelling (STCA)

- Significant and immediate tax depreciation benefits noting the recent construction

- Former location of the London Hotel for 155 years with the location historically “the best position of all Port Melbourne’s waterfront pubs, next to the Station and nearest to Railway/Station Pier” according to the Port Melbourne Historical Preservation Society

- Walking distance to Bay Street Port Melbourne, Princes Pier, Beacon Cove Light Rail Station and opposite Port Melbourne Beach esplanade.

- Ample surrounding on street parking for customers of any future business operation from the building

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Nic Hage
0448 782 594

Chao Zhang ??
0411 625 068

*Approximately

Property Code: 752

Port Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7391 $329 4.46%
Industrial $5037 $192 3.81%
Offices $4244 $243 5.72%
This is the average advertised price, rent and yield for Port Melbourne, VIC 3207*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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