165 Bay Street,
Port Melbourne, VIC 3207

Shops & Retail

Key property information

Floor area

Parking info

Zoning

Tenure type

Sold on

Map of 165 Bay Street

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PRIME RETAIL PLUS VACANT DWELLING

Set amongst vibrant food retailers
Ground retail & upstairs residence
Loads of upside to renovate

Gorman Allard Shelton is pleased to offer this secure retail investment plus first floor residence to renovate within the heart of Bay Street.

Public Auction: Wednesday 26th October at 12 noon on-site

Key attributes of the property include:

* Set amongst vibrant retailers
* Ground floor returning $44,928 pa at 01/12/2022
* Great rear access to separate first floor
* Loads of upside to renovate
* Land and building area: 145 sqm approx.
* Car access at rear
* Occupy or rent first floor separately

Situated in the heart of the Bay Street retail precinct only metres to Coles, Telstra and Australia Post.

Open For Inspection:
Tuesdays: 12.00pm - 12.30pm
Thursdays: 4.00pm - 4.30pm

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

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Most households