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. Only licensed restaurant in Port Albert, offering local monopoly potential and strong community presence.
2. Rare, transferable liquor licence permitting off-site catering and alcohol service without prior Liquor Control Victoria consent, enabling event and function revenue streams.
3. Fully furnished two-bedroom apartment at the rear currently operating as a successful Airbnb, providing immediate accommodation income or owner-operator living option.
4. Extremely low combined weekly rent of $612.36 for both restaurant and residence, reducing operating overheads and improving cashflow.
5. Secure 5+2 lease commenced in 2022, delivering medium-term tenure stability for new ownership.
6. Full commercial kitchen and turnkey fit-out, allowing immediate trading with minimal capital expenditure.
7. Full-time chef already in place and willing to stay, supporting continuity of operations and easing transition risk.
8. Seating capacity for 46 indoors plus 12 outdoors, suitable for regular dining trade and small events.
9. Operates five days per week, indicating potential to increase trading days and revenue under new ownership.
10. Attractive coastal location in Port Albert, South Gippsland, approximately 2.5 hours from Melbourne, appealing for sea change buyers, tourists, and local recreational activities such as fishing and national parks.
