North Port Hotel sold for $2.75m

The Port Melbourne pub for years until recently known as Albion Hotel – now North Port – has sold for $2.75 million.

At 146 Evans Street, opposite Howe Reserve – the holding is a block from Port Melbourne Football Club’s North Port Oval, a site planned to be a community activity precinct as part of Fisherman’s Bend, Australia’s biggest urban renewal project.

North Port was until recently and for years known as Albion Hotel.

It is also at a stop for the 109 tram which connects Port Melbourne to the CBD, about five kilometres away, then to Box Hill.

For sale with a long lease, North Port Hotel sold to an investor.

It sits on a 491 square metre site at the north east corner of Raglan Street, with a third frontage to a council laneway.

Colliers International’s Guy Wells and Dave Walker were the marketing agents.

Sold with a lease in place, the hotel includes a dining room, open bar and outdoor area.
The site has three road frontages, is opposite a stop for the 109 tram connecting Port Melbourne to Box Hill via the city and is in a street with much taller buildings.
The hotel overlooks Howe Reserve to the south.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of