The heartbreaking saga of the restoration of Sorrento’s magnificent Continental Hotel has reached another milestone, with prominent Melbourne developer Trenerry Property Group ready to settle on the latest deal. Bought years ago by Melbourne hotelier Julian Gerner, the four-storey limestone monolith overlooking Port Phillip Bay was built 1875 and is truly an icon of the […]
Signalling the end of a complex period and unforeseen developments, hotelier Julian Gerner has secured arrangement to retain ownership of the iconic Continental Hotel. After acquiring the site in 2015, Gerner took on property developer Stellar as a partner in 2018, and an $80m restoration and development began at the historic Sorrento hotel. Built 1875,
The future of Sorrento’s majestic Continental Hotel is in the wind with the property reluctantly returning to market as developer Stellar winds up. Hotelier Julian Gerner moved to Sorrento, on the Mornington Peninsula, in 2013, with his wife, to start a family. He already boasted a half-dozen heritage hotel projects under his belt, and purchased
Hotelier Julian Gerner has secured partnership with expanding developer Steller for the $35 million restoration and expansion of Sorrento’s legendary Conti. Gerner purchased the historic four-storey limestone hotel popularly known as The Conti from long-time owners the Di Pietro family in 2015, along with some adjacent land. After considerable battles with interest groups, earlier this
GERNER PARTNERS WITH STELLER FOR $35m RESCUE OF THE CONTI Read More »
Hotelier Julian Gerner is offering up the freehold and development opportunity of Sorrento’s magnificent Continental Hotel – the only four-storey limestone building in the southern hemisphere. Gerner purchased the historic hotel from long-time owners the Di Pietro family in 2015, as well as some adjacent land. Through his company, 6-Degrees, he has secured all approvals
After considerable controversy, Sorrento’s legendary Continental Hotel has closed – to be rejuvenated and reopened as part of a big redevelopment for the awakening seaside community. The imposing and picturesque Continental Hotel, dubbed The Conti, and the ‘essence’ of Sorrento, is the only four-storey limestone structure in the Southern Hemisphere, boasting over 3,500 m² of
SORRENTO’S HISTORIC THE CONTI CLOSES – TO BE REBORN Read More »
Victoria’s booming developer market has enticed two more A-grade pub assets onto the market, each boasting “development potential”. The magnificent ‘essence’ of Sorrento, the Continental Hotel, is the only four-storey limestone structure in the Southern Hemisphere, and boasts over 3,500 square metres, overlooking Port Phillip Bay and the Mornington Peninsula. The 1875 National Trust building
DEVELOPERS ENTICE A-GRADE VICTORIAN PUBS ONTO MARKET Read More »
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