Port Albert, Victoria
Licensed Restaurant & Airbnb – Coastal Lifestyle Opportunity in Port Albert
Leasehold POA
Business Description
CRE Brokers are delighted to offer this exceptional opportunity in the charming seaside village of Port Albert, Victoria-the town's only licensed restaurant, complete with a rare liquor license and on-site accommodation.
This well-established business operates just five days a week, with a full-time chef already in place who is open to staying on with new ownership-offering immediate continuity and experienced support.
The property includes a fully furnished two-bedroom apartment at the rear, currently used as a successful Airbnb but ideal for an owner-operator looking to move in and get started right away. The incredibly low weekly rent of $612.36 includes both the restaurant and residence.
What sets this opportunity apart is the rare and transferable liquor licence, which permits off-site catering and alcohol service without requiring prior Liquor Control Victoria consent-a valuable asset for event and function expansion.
Port Albert is a picturesque coastal town in South Gippsland, just under 2.5 hours from Melbourne. It's renowned for its fishing, history, and peaceful lifestyle. For young families, the area offers a strong sense of community, local primary schools in nearby Yarram, medical services, sports clubs, and access to stunning beaches and national parks-making it a relaxed, nature-filled environment to live and work.
With a secure 5+2 lease (commenced in 2022), a commercial kitchen, seating for 46 indoors plus 12 outdoors, and everything ready to go, this is a turnkey business and lifestyle package ideal for a couple, young family, or investor looking for income and a sea change.
Enquire now to arrange your inspection.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:CAFES, C:VIC - MelbourneKey Investment Insights
1. Town’s only licensed restaurant, providing dominant local market position and limited direct competition.
2. Rare transferable liquor licence permitting off-site catering and alcohol service without prior Liquor Control Victoria consent, enabling event and function revenue expansion.
3. On-site fully furnished two-bedroom apartment currently operating as a successful Airbnb, offering immediate accommodation income or owner-operator housing.
4. Extremely low combined weekly rent of $612.36 for both restaurant and residence, enhancing cashflow and return potential.
5. Business operates five days a week with a full-time chef in place who is open to staying, providing operational continuity and reduced recruitment risk.
6. Secure 5+2 lease commenced in 2022, delivering medium-term occupancy stability for new owners.
7. Turnkey offering with a commercial kitchen and everything ready to go, minimising capital expenditure and start-up disruption.
8. Seating capacity of 46 indoors plus 12 outdoors, supporting modest patron volumes and potential for event bookings.
9. Port Albert location, under 2.5 hours from Melbourne, appeals to sea change buyers and visitors seeking fishing, beaches, history and national parks.
10. Lifestyle and community attributes, including nearby primary schools, medical services and sports clubs, make the business attractive to couples and young families seeking a live-work balance.
