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85 Bay Street
Port Melbourne VIC 3207
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Sold on 21 Aug 2019

85 Bay Street Port Melbourne VIC 3207

  • Factory, Warehouse & Industrial
  • 308 m²
  • Sold

DOMINANT CORNER RETAIL INVESTMENT WITH 5 YEAR LEASE AND UPSIDE

Located in the heart of the Bay Street retail strip, with 3 street frontages and surrounded by thousands of residents, this imposing brick shop and dwelling has been occupied since 2004 as a Crust Pizza outlet. The lease has just been renewed for a further five years.
Features include:
Extended 5 year lease plus 2 options of 5 years;
$100,000 pa rent plus usual outgoings and 4% annual rent increases;
Large ground floor shop plus generous 1st floor residence with separate entry and rear deck;
Flexible Mixed Use zone with potential to live in or develop further (sta);
Land 200.9 sqm Gross Building 308sqm (approx) and huge deck.

Address85 Bay Street Port Melbourne VIC 3207
ZoningMUZ - Mixed Use Zone (MUZ)
CouncilPORT PHILLIP CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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AUCTION

Auction date and time21/08/2019 12:00
Auction location85 Bay Street, Port Melbourne VIC
_Archived_Cayzer Real Estate
_Archived_Cayzer Real Estate
370 Bay Street
Port Melbourne, VIC 3207

Property Highlights

Date Sold21 Aug 2019
Floor Area308 m²
Land Area201 m²
Parking2 x Onsite parkings
Property ID2015458505
Category
Last updated  21 Aug 2019
Map for 85 Bay Street Port Melbourne VIC 3207

Nearest transport* to 85 Bay Street Port Melbourne VIC 3207

Bus
Train
Tram
Nott St/Graham St (Port Melbourne)146 m
Nott St/Graham St (Port Melbourne)196 m
Graham St/Bay St (Port Melbourne)211 m
Dow St/Beach St (Port Melbourne)277 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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_Archived_Cayzer Real Estate
_Archived_Cayzer Real Estate
370 Bay Street
Port Melbourne, VIC 3207

Property Highlights

Date Sold21 Aug 2019
Floor Area308 m²
Land Area201 m²
Parking2 x Onsite parkings
Property ID2015458505
Category
Last updated  21 Aug 2019

Listed by

_Archived_Cayzer Real Estate
Call
03 96460812

More about 85 Bay Street Port Melbourne VIC 3207

85 Bay Street Port Melbourne VIC 3207 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 308 m² and a land area of 201 m². There are 2 x onsite parkings.The listing ID for this property is 2015458505.

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