SOLD
Sold on 12 Mar 2024 for $200,000

93 Garden Street
Portland VIC 3305

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 786m2
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Property Details for 93 Garden St, Portland

Building Type
Commercial
Land Size
786m2
Local Government
Glenelg
Lot/Plan
29/LP6868

Last Listing description (May 2024)

Located in a Multi-use zone this very generous 786m2 parcel of land includes a shop currently leased to a small business enterprise. The block has the added value of 2 street frontages and secure tenant looking to stay on. The shop is approximately 69sqm in size with an open plan office area, kitchenette and toilet which is located at the rear of the property.
Given the Multi-use zoning and access points from Garden Street at the front and Osbourne Street at the rear, there is excellent potential development possibilities STCA. There is lots of room to extend the current shop, build a new showroom, shops, shedding or even a house STCA. This property has excellent potential and has been priced to sell. For more details or to organise your inspection contact exclusive agent Allan Barrett on 0438660057 or team at Seaview Real Estate on 55233822.

Property History for 93 Garden St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$200,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $200,000
  • 19 Feb 2024
    Listed for Sale Under offer contact agent
  • 01 Oct 2008
    Listed for Sale $139,500
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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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Allan Barrett
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Portland Seaview Real Estate
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