614 Esplanade,
Mount Martha, VIC 3934
Hotel, Motel & Leisure • Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Land area
Sold on
Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
614 Esplanade
Mount Martha, VIC 3934
Map of 614 Esplanade
The Mornington Peninsula’s Most Lucrative & Significant 1.55 Ha* Landbank
- 15,552 sqm* Waterfront Land
- Rare Commercial 1 Zoning
- 88+ Years of Hospitality Trade
Stonebridge Property Group and Wilson Property are pleased to present for sale 614 Esplanade, Mount Martha – The Dava Hotel.
The key highlights of the opportunity include:
- One of Mornington Peninsula’s most promising landbank opportunities with uninterrupted ocean views and an unmatched track record of trading success
- Positioned on a flexible and rare 15,552 sqm* Commercial 1 Zoned waterfront landholding that provides exciting future development possibilities (STCA)
- Currently operating as The Dava Hotel, a venue steeped in hospitality history dating back to 1935
- The established hotel offers multiple Dining Areas, Bistro, TAB Sports Bar, Gaming Room, a drive through Bottle Shop & rooftop deck/bar with expansive Port Phillip Bay views
- Favourable 5.5-year lease (options through to 2036) with the benefit of inflation hedging & uncapped annual CPI rental reviews
- Centrally located between Mornington’s thriving Main Street and the tightly held Mount Martha Village
- The distance between neighbouring retail precincts, coupled with the properties favourable zoning provides potential for future development into a commercial/retail village
- Third party ProUrban Planning Advice can be provided upon request
The Mornington Peninsula stands as Victoria’s most visited regional tourism destination, boasting an annual average 7.87 million domestic and international visitors between 2018-2020
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Stonebridge Property Group:
Rorey James
0439 400 0...
Nic Hage
0448 782 5...
Kevin Tong 汤聪瑜
0422 848 8...
Wilson Property:
Ben Wilson
0412 525 5...
Emma Dunne
0407 865 838
Melissa van Berkel
0477 013 850
*Approximately
The key highlights of the opportunity include:
- One of Mornington Peninsula’s most promising landbank opportunities with uninterrupted ocean views and an unmatched track record of trading success
- Positioned on a flexible and rare 15,552 sqm* Commercial 1 Zoned waterfront landholding that provides exciting future development possibilities (STCA)
- Currently operating as The Dava Hotel, a venue steeped in hospitality history dating back to 1935
- The established hotel offers multiple Dining Areas, Bistro, TAB Sports Bar, Gaming Room, a drive through Bottle Shop & rooftop deck/bar with expansive Port Phillip Bay views
- Favourable 5.5-year lease (options through to 2036) with the benefit of inflation hedging & uncapped annual CPI rental reviews
- Centrally located between Mornington’s thriving Main Street and the tightly held Mount Martha Village
- The distance between neighbouring retail precincts, coupled with the properties favourable zoning provides potential for future development into a commercial/retail village
- Third party ProUrban Planning Advice can be provided upon request
The Mornington Peninsula stands as Victoria’s most visited regional tourism destination, boasting an annual average 7.87 million domestic and international visitors between 2018-2020
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Stonebridge Property Group:
Rorey James
0439 400 0...
Nic Hage
0448 782 5...
Kevin Tong 汤聪瑜
0422 848 8...
Wilson Property:
Ben Wilson
0412 525 5...
Emma Dunne
0407 865 838
Melissa van Berkel
0477 013 850
*Approximately
Property ID: 504391412Last Updated: 9 Nov 2023
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
Wilson Property RCIGround Floor, 62 Church Street
TRARALGON, VIC 3844
TRARALGON, VIC 3844
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Stonebridge Property Group - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
1192-1196 Nepean Highway,Mount Eliza, VIC 3930 752 m²Hotel, Motel & Leisure • Development Sites & Land • Showrooms & Large Format Retail
Contact Agent
790 Arthurs Seat Road,Arthurs Seat, VIC 3936 952 m²Shops & Retail • Development Sites & Land • Hotel, Motel & Leisure