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235 Bay Street
Port Melbourne VIC 3207
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Sold on 18 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 Sold18 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 Sold18 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 Callaghan
Frank Gordon Estate Agents
Call
0407313753
Stephen Yue
Stephen Yue
Frank Gordon Estate Agents
Call
0421 795 649

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