33 Bentinck Street, Portland, VIC 3305 | House for sale | OnTheHouse
FOR SALE
$950,000 - $975,000

33 Bentinck Street
Portland VIC 3305

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Land area: 2140m2
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A Rare Opportunity

Steeped in history and brimming with opportunity, the Steam Packet Inn at 33 Bentinck Street stands as one of Victoria's oldest surviving buildings, originally constructed in 1841–42. This turnkey, double-storey heritage icon has been meticulously restored over 13 years after being rescued from near demolition, offering a remarkable chance to own a piece of local history with outstanding revenue potential. Perfectly positioned in the heart of Portland's historic waterfront precinct, the Steam Packet Inn is ideally suited for hospitality or accommodation ventures (Subject to council approval) such as a bed and breakfast, boutique Air-bnb, or whatever you imagination can come up with. Its versatile floor plan, rich character, and prime location combine to make it a standout choice for those looking to invest in or expand a business within the thriving tourism market of Victoria's southwest coast. Every aspect of this property's restoration has been guided by craftsmanship and care. A heritage builder and shipwright has transformed the Inn from a forgotten relic into a beautifully revived landmark, ensuring that its original charm - from the period architecture to the historic details - is preserved while seamlessly integrating modern comfort and functionality. The Steam Packet Inn features four bedrooms and three newly completed bathrooms, allowing immediate use for guest stays or owner-occupancy alongside a hospitality enterprise. Outside, the spacious 2140m² allotment enhances the business appeal. Winding bluestone-lined garden paths, a large fire pit, and a private courtyard create inviting outdoor spaces ideal for guests to relax and enjoy - or for hosting special events and gatherings. The generous land size also provides potential for future development (STCA), offering options for expansion or the addition of further guest suites. The Steam Packet Inn is more than a property - it's an investment in heritage, hospitality, and opportunity. Whether you envision a charming bed and breakfast, a boutique coastal retreat, or an elegant dining venue, this historic treasure is ready to bring your business vision to life.
Contact Assets Real Estate today to book your inspection.
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Property Details for 33 Bentinck St, Portland

33 Bentinck St, Portland is a 4 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 2140m2. The place is currently for sale with Assets Real Estate Portland.

Building Type
House
Land Size
2140m2
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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2016 was 9712 people. By 2021 the population was 10016 showing a population growth of 3.1% in the area during that time. The predominant age group in Portland is 60-69 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a professional occupation.In 2021, 70.00% of the homes in Portland were owner-occupied compared with 65.20% in 2016.

Portland has 6,686 properties. Over the last 5 years, Houses in Portland have seen a 43.46% increase in median value, while Units have seen a 34.56% increase. As at 31 October 2025:

  • The median value for Houses in Portland is $418,205 while the median value for Units is $274,837.
  • Houses have a median rent of $450 while Units have a median rent of $400.
There are currently 142 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to Cotality's data, 277 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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Assets Real Estate
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Jason Saunders
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Assets Real Estate Portland
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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.