614 Esplanade Mount Martha VIC 3934

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 400 081

Nic Hage
0448 782 594

Kevin Tong
0422 848 818

Wilson Property:

Ben Wilson
0412 525 542

Emma Dunne
0407 865 838

Melissa van Berkel
0477 013 850

*Approximately