Boutique Bed & Breakfast with Exceptional Trading Record

RT Edgar is honoured to present Athelstane House, 4 Hobson Street, a truly exceptional and historically significant property situated in the heart of Queenscliff. This distinguished boutique hotel stands as one of the Bellarine Peninsula’s most recognisable and coveted hospitality assets, offering a unique blend of heritage charm, coastal prestige, and investment potential.

Steeped in character and rich in history, Athelstane House has operated successfully as a premium boutique bed and breakfast and presents a rare opportunity for those seeking an iconic freehold hospitality property with immediate income and long-term value. The property is perfectly suited for continued operation as a boutique accommodation venue, or offers scope for a sophisticated repositioning or alternative commercial use (STCA).

Investment & Property Highlights
· Established 10-room, 11-bathroom boutique bed and breakfast with an exceptional trading record
· Immaculately presented improvements, including a fully equipped commercial kitchen
· Expansive wraparound and upper-level balconies providing sweeping views and enhancing the guest experience
· Generous 930sqm* Commercial 1 zoned site within a highly sought-after and tightly held hospitality precinct
· Offered with vacant possession, providing unmatched flexibility for owner-operators, investors, or value-add development

The building itself is an elegant period landmark, combining timeless Victorian-era architecture with practical and high-quality hospitality infrastructure. Guest rooms are generously proportioned,

individually appointed with care, and complemented by inviting common areas designed for leisure travellers, corporate guests, and special events. The commercial kitchen and ancillary service spaces provide the capability to operate a premium boutique accommodation, fine dining experience, or hybrid hospitality offering seamlessly.

Unmatched Coastal Location
Positioned within walking distance of the bustling town centre, the iconic Queenscliff South Pier and marina, historic Fort Queenscliff, the celebrated Queenscliff White Lighthouse, and the pristine beachfront, Athelstane House enjoys unparalleled access to the region’s most renowned attractions and experiences.

Queenscliff is an affluent coastal resort town, just 29km* from the Geelong CBD, serving as the gateway to the Bellarine Peninsula. The township is serviced by Searoad Ferries, offering direct connections to the Mornington Peninsula and attracting consistent tourism, leisure, and hospitality demand.

Exceptional Market Fundamentals
Queenscliff’s property market continues to demonstrate remarkable growth, with median house prices rising 20% to $1,710,000 within recent years. The Borough of Queenscliffe experiences extraordinary seasonal visitation, with population surges of approximately 466% during peak summer, further underlining the area’s enduring appeal as a premier holiday and lifestyle destination.

A Truly Rare Opportunity
Opportunities to acquire a freehold hospitality asset of this calibre—combining heritage charm, prime location, and commercial potential—are exceedingly rare. Whether maintained as a sophisticated boutique accommodation operation or repositioned to capitalise on its Commercial 1 zoning (STCA), Athelstane House represents a once-in-a-generation investment in a blue-chip coastal destination. Call text Lee Botsios 0438 533 066 or email lee@rtedgarbellarine.com.au to book your inspection today.