100-102 Bell Street


Under Offer


Property Description

Lifestyle & Business Opportunity

Here’s an opportunity to realise your dream of a Business and Lifestyle with the purchase of a Historic Bluestone building Circa 1862. Originally built as the Victoria Hotel this property is situated in the lovely village of Penshurst; mid-way between the Great Ocean Road and The Grampians, a forty minute scenic drive from the vibrant village of Port Fairy, twenty minutes to the Royal Mail Hotel in Dunkeld and forty minutes to the coastal City of Warrnambool.
This Bluestone residence retains many period features, consisting of two bedrooms, two bathrooms, two kitchens, two dining and two living areas. The house has been renovated to high standards with two rooms yet to have cosmetic finishes (entry hall and bedroom) which leaves you scope to add your own touches. They don’t make them like this anymore!
A small beautifully renovated Wine Bar operates within the Main building and is currently run as a solo operation three evenings a week and Sunday lunch. A large underground Cellar is perfect for storing Wine or even your own Cheese, Charcuterie or Smallgoods. This is an opportunity for anyone interested in Hospitality to enjoy and expand an already successful business. All permits and licences are in place and an extensive inventory is included. The one bedroom Unit adjacent to the rear of the house could be rented out permanently or as holiday accommodation to generate further income (STCA). The Bar area could easily be converted to another type of business/arts space/office depending on individual wishes or revert back to a fabulous private entertaining room.
The 4000 square metre (one acre, two titles)has dual street access, North facing grounds also house the original Cobb & Co changing stables which have been previously used for small events and gatherings and also as a Summer kitchen BBQ area; it is a fabulous space which lends itself to many uses only limited by your imagination.

Property Features

Land Size

4,000 Square Mtr



Built-in Robes




Ducted Cooling


Ducted Heating


Open Fire Place


Solar Panels




Water Tank




agent picture

Brendan Kelly

Rural Real Estate Consultant