Tankerville Arms Hotel - Iconic Gaming Hotel 198
CRE Brokers are proud to present to the market the Tankerville Arms Hotel, a rare and outstanding Freehold Going Concern opportunity located in the heart of Fitzroy.
This iconic gaming hotel combines long-standing hospitality operations with lucrative electronic gaming revenue, all positioned on a high-profile inner-city corner block.
Key Highlights:
Prime Inner-City Location: Situated in trendy Fitzroy, just minutes from Melbourne's CBD, with strong local patronage and consistent foot traffic.
Lucrative Gaming Operation: Includes 49 well-performing EGMs (electronic gaming machines) with room for further enhancement.
Strong Income Potential: Multiple revenue streams across bar, bistro, gaming, and function spaces, with solid weekly turnover.
Substantial Freehold Landholding: Dual street frontage and Commercial 1 Zoning (C1Z) with future development potential (STCA).
Classic Hotel with Heritage Appeal: Features a public bar, dining areas, commercial kitchen, beer garden, and upstairs function space or accommodation potential.
Fully Licensed: On-premises liquor licence with late-night trading hours.
Property Summary:
Land Area: Approx. 1085 m²
Zoning: Commercial 1 Zone (C1Z)
Liquor License: On-premises, late trading
Gaming: 49 EGMs
Future Potential: Mixed-use development, boutique accommodation, or continued hospitality (STCA)
This is a blue-chip freehold opportunity in one of Melbourne's most desirable and tightly held hospitality precincts. The Tankerville Hotel offers the rare combination of gaming income, strong underlying land value, and long-term upside – perfect for investors, developers, or hotel operators.
Property Overview
Price:
FHGC - Price on Application
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