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, providing a unique local monopoly and strong market position.
2. Rare, transferable liquor licence permits off-site catering and alcohol service without prior Liquor Control Victoria consent, enabling event and function revenue expansion.
3. Turnkey operation with commercial kitchen and fitted out premises, ready for immediate trading.
4. Fully furnished two-bedroom apartment at the rear currently operating as a successful Airbnb, offering short‑term rental income and owner-operator accommodation options.
5. Extremely low combined weekly rent of $612.36 for both restaurant and residence, lowering operating overheads and improving cashflow potential.
6. Full-time chef already employed and open to staying on, ensuring operational continuity and reduced recruitment risk.
7. Trading five days a week, presenting scope to extend opening hours or trading days to grow revenue.
8. Seating capacity of 46 indoors and 12 outdoors, suitable for regular dining trade and modest events.
9. Secure 5+2 lease commenced in 2022, providing tenancy stability for new ownership.
10. Located in Port Albert, under 2.5 hours from Melbourne, offering coastal tourism drawcards such as fishing, beaches and national parks, which supports seasonal and visitor demand.
11. Positioned as a lifestyle acquisition appealing to couples, young families or investors seeking combined living and income opportunities in a community‑focused coastal town.
