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178 - 180 Bay Street
Port Melbourne VIC 3207
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Sold on 23 Jun 2017

178 - 180 Bay Street Port Melbourne VIC 3207

  • Shop & Retail
  • 1,135 m²
  • Sold

PRIME RETAIL & HEALTHCARE INVESTMENT WITH SIGNIFICANT DEVELOPMENT POTENTIAL

    CBRE Melbourne Strip Retail Investments, together with CBRE Victorian Health, Aged & Childcare, are proud to present to the market, 180 Bay Street, Port Melbourne being offered for sale via Expressions Of Interest, closing 10th May 2017 at 3:00pm.

    We summarise the property details below, for your reference:

    An irreplaceable 1,020sqm* land holding located in the heart of Port Melbourne's popular café & retail precinct, Bay Street

    Existing two (2) level freestanding building of 1,135sqm* including 13 car parks on-site

    Imposing 20+ metre* frontage to bustling Bay Street, complimented by rear vehicular laneway access via Adams Place (20+ metre frontage*)

    Total annual income of $744,897 pa* derived from retail & medical tenants (including international health care provider Dental Corporation, a subsidiary of Bupa, & Witchery Fashion)

    Major potential for development (STCA), enhanced by surrounding projects and demolition clauses to current tenants

    Favourable seven (7) day trading conditions driven by high volumes of residential and tourist traffic

    *approx

    Should you wish to discuss this exciting opportunity further, please contact any of the below exclusive selling agents:

    Rorey James
    0439 400 081

    Josh Twelftree
    0452 524 985

    Scott Orchard
    0425 760 712

    Property Highlights

    Date Sold23 Jun 2017
    Floor Area1,135 m²
    Land Area1,020 m²
    EnergyAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2013514999
    Category
    Last updated  3 Oct 2023
    Map for 178 - 180 Bay Street Port Melbourne VIC 3207

    Property Highlights

    Date Sold23 Jun 2017
    Floor Area1,135 m²
    Land Area1,020 m²
    EnergyAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2013514999
    Category
    Last updated  3 Oct 2023
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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