Developments

Victorian coastal heritage hotel for sale

The Continental Hotel at Sorrento in coastal Victoria has been listed for sale by the Di Pietro family for around $15 million.

Certified by the National Trust, the building with views of Port Phillip Bay sits on a 3,580m² holding and is the only four-storey limestone structure in the Southern Hemisphere.

The hotel, with recently refurbished backpacker accommodation and nightclub, will be sold with freehold and business with offers due 16 April through Sothebys International agent Rob Curtain, in conjunction with CBRE.

Entrepreneur George Coppin built the hotel in the 1870s with the original cost of the hotel being £14,000.

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