Historic hotel in Bellarine Peninsula goes on sale
A historic Queenscliff hotel has gone on the market with a price guide between $3.75 million and $4.1 million after being fully restored over the past six years.
Originally built in 1854, the iconic 10-room hotel was used as a beach house before being restored by vendors Katalin and Stephen Blond and renamed Hotel Q a few years ago. The hotel also features a bar and restaurant.
The restoration included repairing the slate roof and applying render to the outside of the building by hand. They also repaired a wooden bannister on the hotel balcony and repaired and replaced the cast iron inserts.
It’s the third time the former Royal Hotel has hit the market in the past two years. The owners have plenty of experience with heritage properties, having restored and even relocated at least 20 historic homes and businesses in regional Victoria.
Selling agent Ray White Oakleigh’s Lee Botsios said potential buyers are interested in turning part of the building into residential apartments.
“At the moment we have interest from people who are looking at subdividing internally – keeping the boutique bar downstairs and making it a cool speakeasy and then turning upstairs into three or four apartments,” he told Domain.
Sheridan Randall, 12th November 2019
