358 Graham Street, Port Melbourne, VIC 3207 | House for sale | OnTheHouse
 
FOR SALE
$2,700,000

358 Graham Street
Port Melbourne VIC 3207

Bedrooms: 11
Bathrooms: 3
Car spaces: -
Floor area: 550m2
Land area: 314m2
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"The Hibernian Hotel" Circa 1869

Strictly by Private Appointment.
Vacant Victorian Freehold with current planning permit for 21 rooms each with en-suite, and public bar over 3 levels.
One of Port Melbourne's old classic pubs with a story to tell. Nestled on Ross Street by the sea. It awaits a new lease of life to suit its prime inner-city location. The original building is standing proud but has seen better days and can be described as in need of TLC due to fire damage.
With over 550 sqm*(approx.) of building area comprising of a front bar, lounge, restaurant, kitchen, accommodation, courtyard, and 2 cellars.
The property is offered with vacant possession, not trading this unpretentious 'No bells and whistles' pub 'stands on 314 sqm* (approx.) of land opposite the famed Clare Castle Gastro Pub.
The future potential for a big house, home office, townhouses, apartments, B&B, mixed-use development incorporating the hotel as its centerpiece. (STCA)
Due to its prime inner-city location, with the added incentive of a General Liquor Licence for consumption. The on and off licensed premises has a ''ready set go'' development permit for 825 sqm* (approx.). Potential for parking credits under current use, subject to approval.
With a rich history this inner-city landmark corner site hotel freehold with 3 street frontages is a rare and exciting opportunity.
For further details contact
Frank Callaghan
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Property Details for 358 Graham St, Port Melbourne

358 Graham St, Port Melbourne is a 11 bedroom, 3 bathroom House. The property has a land size of 314m2 and floor size of 550m2. The place is currently for sale with Frank Gordon & Co Pty Ltd.

Building Type
House
Floor Size
550m2
Land Size
314m2
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About Port Melbourne 3207

The size of Port Melbourne is approximately 10.1 square kilometres. It has 34 parks covering nearly 11.2% of total area. The population of Port Melbourne in 2016 was 16175 people. By 2021 the population was 17633 showing a population growth of 9.0% in the area during that time. The predominant age group in Port Melbourne is 30-39 years. Households in Port Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Melbourne work in a professional occupation.In 2021, 54.30% of the homes in Port Melbourne were owner-occupied compared with 50.50% in 2016.

Port Melbourne has 13,425 properties. Over the last 5 years, Houses in Port Melbourne have seen a 12.79% increase in median value, while Units have seen a 10.04% increase. As at 31 October 2025:

  • The median value for Houses in Port Melbourne is $1,680,909 while the median value for Units is $853,313.
  • Houses have a median rent of $770 while Units have a median rent of $750.
There are currently 17 properties listed for sale, and 14 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 588 properties were sold in the past 12 months in Port melbourne.

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Stephen Yue
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Frank Callaghan
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Frank Gordon & Co Pty Ltd
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