Mornington Peninsula Approved Hotel Development Sale by HTL Property

A DA approved hotel development site in the picturesque seaside location of Rye, on the popular Mornington Peninsula, has been put on the market through national specialist agency HTL Property. The impressive site, located at 6 Napier St, is located on a prime corner with Nelson St at the rear of the commercial area of the foreshore retail strip.

The attractive development offers 26 keys, incorporating balconies with views above a ground floor restaurant and onsite parking.

Located only 100m* from the waterfront, and in close proximity to The Rye Hotel, Rye RSL and a range of retail outlets. Rye is an exceptionally popular location on Port Phillip Bay, given its wide foreshore and safe swimming beach. Demand for high quality hotel accommodation is supported by the proximity to a range of well known golf courses; well being offerings, and popular wineries located throughout the region.

“The Peninsula offers a veritable range of accommodation options, but there is certainly demand for the addition of a high quality boutique hotel accommodation offering” advised HTL Property Director, Scott Callow.

“Whilst AirBNB has been a popular option, many investors have been selling holiday homes in the area, and separately, the property’s close proximity to Blairgowrie, Sorrento and Portsea will only add to the demand for new hotel accommodation” Callow concluded.

Expressions of Interest close at 4pm on Thursday, 15th May 2025.

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