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29 Gipps Street
Port Fairy VIC 3284

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 802m2
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THE WHARF, PORT FAIRY - EXPRESSION OF INTEREST TO LEASE.

Here is an exciting opportunity for any interested commercial operator: a modern facility featuring absolute river frontage in a vibrant and thriving tourist destination.
There are two tenancies available, which can be leased by the same operator or by individual operators.
Tenancy 1 – Open plan restaurant
Licensed for 200, can seat 120 plus. Commercial kitchen, cool room, freezer, staff amenities, dry storage. Male / Female / Accessible amenities.
Tenancy 2 – Open plan café-style premises
Previously a fish & chip shop. Commercial kitchen, cool room and freezer. Open plan dining, built-in counter and servery.
A lease term of 5 x 5 x 5 x 5 years (negotiable) is available and will be based on standard lease terms. Tenant pays statutory outgoings and monthly rental payments.
Expressions of interest's are invited from any interested party, and we invite you to submit an expression of interest in leasing either or both of these facilities.
Contact Mark Wilson of Wilsons for information.
Phone: 03 5561 2777
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Property Details for 29 Gipps St, Port Fairy

Building Type
Commercial
Land Size
802m2

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About Port Fairy 3284

The size of Port Fairy is approximately 115.1 square kilometres. It has 14 parks covering nearly 1.6% of total area. The population of Port Fairy in 2011 was 3,092 people. By 2016 the population was 3,328 showing a population growth of 7.6% in the area during that time. The predominant age group in Port Fairy is 60-69 years. Households in Port Fairy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Fairy work in a professional occupation. In 2011, 72.5% of the homes in Port Fairy were owner-occupied compared with 72.1% in 2016.

Port Fairy has 2,828 properties. Over the last 5 years, Houses in Port Fairy have seen a 78.61% increase in median value, while Units have seen a 5.83% increase. As at 31 August 2024:

  • The median value for Houses in Port Fairy is $994,493 while the median value for Units is $407,367.
  • Houses have a median rent of $480 while Units have a median rent of $460.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Port fairy on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Port fairy.

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Wilsons
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Wilsons Warrnambool & District Real Estate
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