FOR SALE
$775,000

73 Bentinck Street
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 70m2
Land area: 404m2
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Harbour Front Commercial Opportunity

Nestled in a prime coastal location at the southern end of the Great Ocean Road, this exceptional Commercial property offers breath-taking views of the Portland Harbour and excellent development potential (Subject to Council approval) Featuring a long-standing tenant, ensuring a stable and reliable income, this popular eatery is in the town's prime waterfront shopping and restaurant precinct and includes rear parking for added convenience.
This is a rare opportunity to purchase a solid investment with excellent future potential in one of Portland's most sort after locations.
Contact Assets Real Estate for more information on this great investment!

Property Details for 73 Bentinck St, Portland

Building Type
Commercial
Floor Size
70m2
Land Size
404m2

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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2011 was 9,600 people. By 2016 the population was 9,717 showing a population growth of 1.2% in the area during that time. The predominant age group in Portland is 50-59 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a trades occupation. In 2011, 68% of the homes in Portland were owner-occupied compared with 65.2% in 2016.

Portland has 6,577 properties. Over the last 5 years, Houses in Portland have seen a 63.79% increase in median value, while Units have seen a 41.95% increase. As at 31 October 2024:

  • The median value for Houses in Portland is $384,561 while the median value for Units is $277,420.
  • Houses have a median rent of $450 while Units have a median rent of $375.
There are currently 156 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Portland.

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Assets Real Estate
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Stuart Wakely
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Assets Real Estate Portland
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