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Tuesday 3 February 2026
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Yacht Club future forms A LEASE for the top floor of the Frankston Yacht Club building on the foreshore has been signed. Early plans for the Italian resturant have been published (above). Pictures: Supplied
Tenant finally found for Yacht Club building Brodie Cowburn brodie@baysidenews.com.au AFTER a decade of uncertainty, a long-term tenant has signed on to occupy the Frankston Yacht Club building. Since opening in 2016, the Frankston Yacht Club building has been a financial sinkhole for Frankston Council.
Construction of the building and its maintenance has cost ratepayers at least $11 million, and it has largely been unoccupied over the last decade. Last week Frankston Council confirmed that Roccella Group had signed on to establish an Italian restaurant on the top floor of the building. It is the first tenant to sign a long-term lease for the top floor since the project was finished a decade ago.
The Roccella Lido restaurant is set to open in August, with fit-out works to begin in May. The Sicily-inspired venue is expected to employ up to 90 staff in peak periods. Frankston mayor Sue Baker said “Roccella Lido represents an exciting next chapter for Frankston’s waterfront.” “This is about more than worldclass dining, it’s about vibrancy, tour-
ism, community pride and continuing to elevate our city as a destination to live, visit and invest in,” she said. “Tenanting this iconic site, together with the future announcement for the former Sofia’s Restaurant site, will completely transform the Frankston Waterfront, marking a level of investment never seen before.” The Times understands that a lease has also been signed for the nearby
Pier Promenade. Ecco Group is expected to take over the former Sofia’s site and the abandoned Frankston Visitor Information Centre. Former Frankston mayor Kris Bolam oversaw negotiations for the leases throughout last year. He said “for years, the Frankston Yacht Club symbolised unfinished business. Today, we close that chapter for good.” Continued Page 3
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