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40 Hall Street Newport, VIC 3015

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40 Hall Street,
Newport, VIC 3015

Shops & Retail

Key property information

Land area

Floor area

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Map of 40 Hall Street

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Owner occupier, Renovate or Develop - High Exposure Location

Secure this versatile site in a boutique blue chip location of Newport offered first time in over 40 years. Dominating wide street frontage, guaranteeing your business/investment will stand out. Located right opposite Newport Railway Station one of the busiest train stations in Inner Melbourne.

- Offering 2 street frontage shops with a rear 3 bedroom, 1 bathroom residence at the rear
- Only 10km from Melbourne CBD
- Excellent rear laneway access from Elphin or Tait Street.
- Land area 487m2 approximately
- Offering vacant possession on entire property
- Sold including GST
- Surrounded by distinguished retailers, eateries and high foot traffic
- Multiple off-street parking via the rear
- Suitable for investors, owner occupiers and developers
- Favourable Commercial Zone 1 (CZ1)
An opportunity like this does not come up very often, with the suburb and close proximity to Williamstown it has a reputation for multiple restaurants, cafes, sports clubs, boutique wine bars, community events, music festivals and sort after public/private schools

Terms 30/60/90 days 10% deposit


Newport, 3015 demographic data

The median household income for Newport is $2,657, 40% higher than Greater Melbourne's household income of $1,901. Newport has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 58% of property owners in Newport have a mortgage.

13,658
Population
$2,657 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
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40 Hall Street
Newport, VIC 3015
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