Queenscliff's iconic 'Hotel Q' up for sale

A historic mansion that is currently run as a restaurant and bar in the Victoria’s Bellarine Peninsula is on the market.

The 34-38 King Street property is one of Queenscliff’s iconic buildings and has a $5 million to $5.5 million price guide. 

It previously sold for $2.2 million in 2013, CoreLogic RP Data shows.

According to its description, in 1854, William Leigh, one of Queenscliff's first residents, planned to build the first considerably sized hotel in the region. 

Originally made of fine grade timbers, the first election for the newly established Borough of Queenscliff was held within its walls in 1863 before being destroyed by fire the following decade. The Royal Hotel as we know it today was rebuilt, this time even larger and grander, in the early 1880s.

The Royal Hotel was rechristened Hotel Q after owners Katalin and Stephen Blond went in for a “full-on restoration”, according to the Geelong Advertiser.

Currently used as a restaurant and bar, the ground floor offers a flexible floorplan with multiple zones that can be self-contained for either commercial or residential use. 

The beach house is suitable for various uses. It can be divided into two mansions with separate entrances, transformed into luxury seaside apartments, or used as a restaurant, bar or wedding venue subject to council approval. 

Zoned Residential One, there is the option of developing another building or apartments subject to council approval. 

The selling agents were James Gladman and Lee Botsios of Fletchers.