108 Newquay Promenade, Docklands, VIC 3008 | Property Value & History | OnTheHouse
 
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108 Newquay Promenade
Docklands VIC 3008

Bedrooms: -
Bathrooms: -
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Land area: 420m2
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Property Details for 108 Newquay Prom, Docklands

Building Type
Commercial
Year Built
2017
Land Size
420m2
Local Government
Melbourne
Lot/Plan
112W/PS527877

Last Listing description (February 2026)

A Rare Melbourne Waterfront Opportunity

Raine & Horne Land Victoria proudly presents 108 Newquay Promenade, Docklands - a prestigious 420 m² premium waterfront function venue offered with business, equipment and freehold title.

Set along the stunning Bay Marina, this property delivers the ultimate combination of prime location, established hospitality infrastructure and exceptional growth potential. Just 75 metres from the free city tram and minutes to Etihad Stadium, Waterfront City and the Melbourne CBD - this is truly one of the city's most sought-after event destinations.

Property Highlights
• Total Building Area: 420 m² (approx.)
• Seating Capacity: Currently 120 seated | 150 cocktail-style
• Potential to increase to 220+ inside & up to 50 outside
• Liquor Licence: 200 patrons
• Fully equipped commercial kitchen, cool room, loading bay & service window
• 100 m²* outdoor dining area with sweeping marina views
• Commercial split-system heating & cooling
• Multiple offices/storage rooms & indoor toilets (incl. accessible facilities)
• Ample nearby guest & staff parking
• Zoning: Commercial/hospitality in a premier tourism district

Business & Event Appeal
Currently operating as 108 Docklands, the venue is well-known for hosting:
• Luxury weddings & receptions
• Engagement parties & cultural celebrations
• Corporate conferences & product launches
• Milestone birthdays & anniversaries
• Baby showers, private gatherings & themed events

With a strong reputation for elegant, tailored event experiences and the advantage of waterfront prestige, this venue is a turnkey solution for hospitality groups, event specialists, or astute investors.

Why This Is Unmissable
• Rare waterfront freehold + operating business in Melbourne's inner city
• Liquor licence & large-scale event potential
• Unmatched location in Docklands' lifestyle & tourism hub
• Multiple revenue streams: functions, dining, outdoor events, and corporate hire
• Significant scope for capacity expansion & concept rebranding

Act Now Opportunities of this calibre - combining real estate, hospitality and location excellence are exceptionally rare.

Contact:
Jasdeep Singh - 0413 959 608
Patrick Mammone - 0405 555 000
Kevin Paghdar - 0426 510 510

Disclaimer: All information is provided as a guide only. Buyers must conduct their own due diligence regarding property details, business operations, licensing and approvals.

Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 108 Newquay Prom, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$1,800,000
16 Sep 2022
Listed for Rent
$2.49k/w
20 Nov 2023
  • 16 Nov 2025
    Listed for Sale Contact Agent
  • 08 Aug 2025
    Listed for Sale Contact Agent
  • 16 Sep 2022
    Sold for $1,800,000
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About Docklands 3008

The size of Docklands is approximately 2.8 square kilometres. It has 12 parks covering nearly 5.3% of 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 17,773 properties. Over the last 5 years, Houses in Docklands have seen a 61.78% increase in median value, while Units have seen a 2.42% increase. As at 31 December 2025:

  • The median value for Houses in Docklands is $2,226,009 while the median value for Units is $594,566.
  • Houses have a median rent of $680 while Units have a median rent of $700.
There are currently 66 properties listed for sale, and 43 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 751 properties were sold in the past 12 months in Docklands.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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