231 Bay Street,
Port Melbourne, VIC 3207

Shops & Retail • Development Sites & Land • Other

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CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

03 9613 04...

231 Bay Street

Port Melbourne, VIC 3207

03 9613 04...

Map of 231 Bay Street

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CENTRAL BAY STREET INVESTMENT LEASED TO NATIONAL AUSTRALIA BANK

+A commanding and highly exposed Bay Street investment offered fully leased to National Australia Bank returning $147,357* p.a. (as of June 21)

+Central Port Melbourne activity centre location in direct proximity to Coles Supermarket, Vintage Cellars and immediate walking distance to public carpark

+Excellent retail exposure benefitting from 9.1m* of street frontage to Bay Street and rear access and car parking from Lalor Street

+Expansive 377 square metre* Commercial 1 Zoned landholding with future development opportunities (STPA)

+Located only 1.2km* from Port Melbourne Beach and Yacht Club along one of Melbourne’s most popular and established retail strips

FOR SALE VIA PUBLIC ON-SITE AUCTION FRIDAY 23RD APRIL AT 12:30PM

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

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

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000