Situated in a historically-relevant location, the 8600sqm property fronts The Esplanade and Bass Avenue, and was once home to the Isle of Wight – Phillip Island’s first hotel – which opened in 1870 before being destroyed by a fire in 1925 and again, in 2010. The site was purchased in January 2021 by Moda Phillip Island Pty Ltd, a joint venture between Moda, Salta Capital and Tabet Development Group