321 Bay Street,
Port Melbourne, VIC 3207

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Floor area

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Map of 321 Bay Street

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PRIME HOSPITALITY INVESTMENT OPPORTUNITY - PORT MELBOURNE

ASM Commercial is pleased to offer 321 Bay Street, Port Melbourne for sale by Expressions of Interest.

Located on vibrant Bay Street and prime bayside suburb of Port Melbourne, the property offers a current investor a secure tenancy in place.

Property features Include:

- Total Floor Area: 132 sqm approx.
- Land Area: 231 sqm (approx.)
- Commercial 1 Zone (C1Z)
- Prime location in the bayside suburb
- Secure tenancy in place
- Income: $64,890 per annum + GST
- Three (3) Years (commenced March 2023)
- Options: Two further terms of Three (3) Years
- 3% annual increases and market reviews at options
- Grease trap

Contact: Andrew Manos 0425 721 2...

Port Melbourne, 3207 demographic data

The median household income for Port Melbourne is $2,372, 25% higher than Greater Melbourne's household income of $1,901. Port Melbourne has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 51% of property owners in Port Melbourne have a mortgage.

17,633

Population

$2,372 per week

Median household income

42 years

Median age

Owners

Most residents

Families

Most households