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235 Bay Street
Port Melbourne VIC 3207
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Sold on 17 Mar 2023

235 Bay Street Port Melbourne VIC 3207

  • Shop & Retail
  • 122 m²
  • Sold, $1,555,000

ONSITE AUCTION Friday 17th March at 2:30pm

    SUPERIOR SHOP AND DWELLING WITH GREAT EXPOSURE

    Frank Gordon is delighted to offer an impressive Victorian two-level building comprising of ground floor retail and a self-contained first floor apartment. Bay Street is the main activity centre of Port Melbourne. An iconic tree lined heritage streetscape featuring vibrant retailers and new multi-story residential developments. It's up-market catchment draws customers from Albert Park, Southbank, and South Melbourne. The precinct offering closeness to Westgate & City Links', excellent public transport amenity.

    The key attributes of this offering include:
    • 5-year lease commenced 1/1/2022 + 2X5 year option
    • Return $61,800 K NET* (Annual reviews)
    • One of Melbourne's most established retail strips close to Coles, Vintage Cellars
    Telstra, Australia Post
    • Booming Bayside re-development including Fisherman Bend
    • Benefitting from Bay Street & Lalor Street frontage & rear parking
    • A short walk to tram 109 on the Port Melbourne light rail, close to the iconic Station Pier
    • INTERNAL: 122 sqm* approx LAND: 208 sqm* approx
    • Zoned Commercial 1 with land to extend later (STPA)

    Please contact the selling agents for further information or to arrange a private tour:
    Frank Callaghan
    M: 0407 313 753 | E: frankc@frankgordon.com.au
    Stephen Yue
    M: 0421 795 649 | E: stephen@frankgordon.com.au

    Property Highlights

    Date Sold17 Mar 2023
    Sold Price$1,555,000
    Floor Area122 m²
    Land Area208 m²
    Energy0-star NABERS Energy rating
    Parking2 x Onsite parkings
    Property ID2018367966
    Category
    Last updated  20 Mar 2023
    Map for 235 Bay Street Port Melbourne VIC 3207

    Property Highlights

    Date Sold17 Mar 2023
    Sold Price$1,555,000
    Floor Area122 m²
    Land Area208 m²
    Energy0-star NABERS Energy rating
    Parking2 x Onsite parkings
    Property ID2018367966
    Category
    Last updated  20 Mar 2023

    Co-Agents

    Frank Callaghan
    Frank Gordon Estate Agents
    Call
    0407313753
    Stephen Yue
    Frank Gordon Estate Agents
    Call
    0421 795 649

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