120 Bay Street is situated on the bustling eastern side of Bay Street in Port Melbourne, nestled within the heart of the street's vibrant retail precinct. This exceptional location offers a wealth of amenities, including cafes and diverse shops, right at its doorstep. It boasts the advantage of being just a short stroll away from the Port Melbourne beach.
The building has easy access to public transportation via the nearby light rail tram network, and enjoys direct access to major transport arteries such as the Westgate Freeway, Citylink, and multiple routes leading to Melbourne's bustling CBD, including City Road and Graham Street.
The office space itself spans a generous 87 square meters and comes with the added benefit of two dedicated parking spots. This fantastic opportunity is available for occupancy now.
Contact the exclusive leasing agent, Lemon Baxter, to book an inspection.
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:
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