SOLD
RECENT ADVICE
Sold on 20 Nov 2024 - Price Unavailable

98 Lee Breakwater Road
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 254905m2
Sold By
Portland Seaview
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Property Details for 98 Lee Breakwater Rd, Portland

Building Type
Commercial
Land Size
254905m2
Local Government
Glenelg

Last Listing description (November 2024)

Set on the waters edge in Portland's harbour, The Captains Galley offers a rare business opportunity in a stunning setting. The unique restaurant / cafe is located in the Visitor Information Center with floor to ceiling windows offering spectacular views of Portland's marina and harbour. The eatery is well established among return local diners and alternatively a delightful find for the constant tourist traffic passing through. Currently operating successfully from 9.30am to 2pm Tuesday through to Saturday, there is ample scope for broader operating hours and to expand outdoor dining capacity to increase returns.
An excellent opportunity to be the Captain of your own journey. For further information contact Allan at Seaview Real Estate on 55233822.

Property History for 98 Lee Breakwater Rd, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
20 Nov 2024
  • 20 Nov 2024
    Sold
  • 29 Aug 2024
    Listed for Sale $50,000
  • 23 Apr 2024
    Listed for Sale $50,000
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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 157 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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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.