108 Newquay Promenade, Docklands, VIC 3008 | Commercial for sale | OnTheHouse
FOR SALE
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108 Newquay Promenade
Docklands VIC 3008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 420m2
Land area: 420m2
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Prominent Waterfront Function Venue & Freehold for Sale in Waterfront Docklands precinct!

Raine & Horne Land Victoria proudly presents a rare Melbourne waterfront opportunity at 108 Newquay Promenade, Docklands - a premium freehold hospitality and events venue offered with the established business, equipment and freehold title. Perfectly positioned along the stunning Bay Marina, this exceptional property combines a blue-chip waterfront location with a fully operational event venue and significant future growth potential. Located just moments from Melbourne CBD, Marvel Stadium, Waterfront City and the free city tram network, this is an outstanding opportunity for investors, hospitality operators and event specialists seeking a landmark asset in one of Melbourne's most vibrant lifestyle precincts.
Currently operating as a successful waterfront function venue, the property is renowned for hosting weddings, corporate events, private celebrations and cultural functions. With substantial indoor and outdoor event capacity, a commercial kitchen, liquor licence and breathtaking marina views, this is a turnkey opportunity ready for immediate operation and future expansion.
Property Features:
• Approx. 420sqm in Docklands Zone Waterfront precinct
• Premium waterfront freehold offered with business and equipment
• Prime position overlooking the Bay Marina
• Seating capacity for 120 guests with 150 cocktail-style patrons
• Potential to increase capacity to 220+ patrons internally and up to 50 patrons externally
• Liquor licence for up to 200 patrons
• Fully equipped commercial kitchen
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Property Details for 108 Newquay Prom, Docklands

Building Type
Commercial
Year Built
2017
Floor Size
420m2
Land Size
420m2
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About Docklands 3008

The size of Docklands is approximately 2.8 square kilometres. There are 12 parks, covering nearly 5.3% of the total area. The population of Docklands in 2016 was 10964 people. By 2021 the population was 15495 showing a population growth of 41.3% in the area during that time. The predominant age group in Docklands is 30-39 years. Households in Docklands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Docklands work in a professional occupation.In 2021, 30.30% of the homes in Docklands were owner-occupied compared with 34.50% in 2016.

Docklands has 19,241 properties. Over the last 5 years, Houses in Docklands have seen a 7.52% increase in median value, while Units have seen a 3.66% increase. As at 31 August 2026:

  • The median value for Houses in Docklands is $2,589,504 while the median value for Units is $600,167.
  • Houses have a median rent of $770 while Units have a median rent of $720.
There are currently 77 properties listed for sale, and 42 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 704 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

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Kevin Paghdar
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Sachin (Lucky) Thapliyal
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Raine & Horne Land Victoria
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.