SOLD
Sold on 12 Sep 2024 for $550,000

33 Portland-Nelson Road
Portland VIC 3305

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 190m2
Land area: 4m2
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Property Details for 33 Portland-Nelson Rd, Portland

Building Type
Land
Floor Size
190m2
Land Size
4m2
Local Government
Glenelg
Lot/Plan
1/PS321496

Last Listing description (October 2024)

This property is a versatile investment opportunity, offering substantial space and strategic location advantages for commercial and industrial purposes.
Zoned IN2Z (Industrial 2) This supports a wide range of activities, particularly suitable for Large scale commercial shedding, Industrial operations or potential development of a caretakers residence alongside industrial uses, STCA. The large shed measures Approx 19 x 8 meters and already has power and toilet facilities with a concrete floor. While the smaller storage shed measures approx. 15 x 6 meters.
The parcel of land is very flat and in a prime location, providing easy access to the port and highway.

To arrange your inspection please contact exclusive agent Ron Clark on 0498 023 344 or the team at Seaview Real estate 0355233822.

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Property History for 33 Portland-Nelson Rd, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$550,000
12 Sep 2024
  • 12 Sep 2024
    Sold for $550,000
  • 22 May 2024
    Listed for Sale Not Disclosed
  • 23 Dec 1994
    Sold for $27,156

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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 6,563 properties. Over the last 5 years, Houses in Portland have seen a 65.80% increase in median value, while Units have seen a 40.03% increase. As at 30 September 2024:

  • The median value for Houses in Portland is $389,963 while the median value for Units is $267,575.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 163 properties listed for sale, and 3 properties listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Portland.

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