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261-263 Bay Street
Port Melbourne VIC 3207

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 128m2
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Prime Retail Opportunity

Frank Gordon are pleased to offer
For Lease: 261-263 Bay Street, Port Melbourne.
In the heart of Bay Street, this double shop front suits a variety of business uses (STCA). Within close proximity to major brands such as Coles Supermarket, Vintage Cellars, Priceline, Chemist Warehouse, The Reject Shop, Telstra, Australia Post, CBA & Westpac Banks, popular cafes and restaurants and approx 750m from Port Phillip Bay.
Key Features:
- Floor area: 128 sqm (approx.)
- Double fronted shopfront
- High foot traffic precinct
- Suit a variety of business uses (STCA)
- Upgraded fit-out included at no extra cost
- Easy access to public transport
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Property Details for 261-263 Bay St, Port Melbourne

Building Type
Commercial
Floor Size
128m2

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About Port Melbourne 3207

The size of Port Melbourne is approximately 10.1 square kilometres. It has 34 parks covering nearly 11.2% of total area. The population of Port Melbourne in 2011 was 14,521 people. By 2016 the population was 16,168 showing a population growth of 11.3% in the area during that time. The predominant age group in Port Melbourne is 30-39 years. Households in Port Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Melbourne work in a professional occupation. In 2011, 50.9% of the homes in Port Melbourne were owner-occupied compared with 50.5% in 2016.

Port Melbourne has 13,215 properties. Over the last 5 years, Houses in Port Melbourne have seen a 1.30% increase in median value, while Units have seen a 2.23% increase. As at 31 October 2024:

  • The median value for Houses in Port Melbourne is $1,530,130 while the median value for Units is $843,205.
  • Houses have a median rent of $825 while Units have a median rent of $690.
There are currently 22 properties listed for sale, and 13 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 489 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

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Frank Callaghan
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Stephen Yue
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Frank Gordon & Co Pty Ltd
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.