1 Nelson Place, Williamstown, VIC 3016 | Property Value & History | OnTheHouse
 
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1 Nelson Place
Williamstown VIC 3016

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 1 Nelson Pl, Williamstown

Building Type
Commercial
Year Built
2017
Local Government
Hobsons Bay
Lot/Plan
PC370588

Last Listing description (January 2024)

Nautically Themed Party Venue

* 3 am Liquor License
* 2 Large commercial kitchens

* Ground Floor restaurant and bars
* 1st Floor theatre/bar, private function room
* 2nd Floor 3-bedroom accommodation, master bedroom with ensuite

Constructed in 1857, and formally known as the Prince of Wales Hotel this building an integral part of Williamstown's origins. This exceptional 3 level hospitality venue offers boundless potential as part of Victoria's maritime heritage precinct.
Currently themed as the White-Lines Titanic it's proved to be a very popular venue in Williamstown and surrounding suburbs. Situated in the heart of Williamstown tourist and hospitality precinct and only minutes from the beach, Point Gellibrand and Williamstown Station offer many advantages to the new owner.
The venue is offered with vacant possession except a small portion leased to a café which is as follows

1A Nelson place:
- Leased to Prince and Buoy café
- Current rent $25,000 per annum plus GST plus outgoings
Like port venues all over the world Williamstown offers a glimpse of history, a reflection of Europeans building a new future in a new land.


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Property History for 1 Nelson Pl, Williamstown, VIC 3016

A timeline of how this property has performed in the market
Last Sold
$2,500,000
31 Aug 2017
  • 02 Aug 2022
    Listed for Sale P.O.A.
  • 29 Mar 2022
    Listed for Rent - Price not available
  • 03 Jul 2015
    Listed for Sale Contact Agent for Price
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About Williamstown 3016

The size of Williamstown is approximately 5.7 square kilometres. It has 25 parks covering nearly 21.1% of total area. The population of Williamstown in 2016 was 13969 people. By 2021 the population was 14407 showing a population growth of 3.1% in the area during that time. The predominant age group in Williamstown is 50-59 years. Households in Williamstown are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Williamstown work in a professional occupation.In 2021, 73.60% of the homes in Williamstown were owner-occupied compared with 71.50% in 2016.

Williamstown has 8,291 properties. Over the last 5 years, Houses in Williamstown have seen a 13.52% increase in median value, while Units have seen a 15.92% increase. As at 31 December 2025:

  • The median value for Houses in Williamstown is $1,619,232 while the median value for Units is $763,780.
  • Houses have a median rent of $800 while Units have a median rent of $540.
There are currently 20 properties listed for sale, and 16 properties listed for rent in Williamstown on OnTheHouse. According to Cotality's data, 348 properties were sold in the past 12 months in Williamstown.

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