481 Melbourne Road, Newport, VIC 3015

Development/Land | Hotel/Leisure

Sold

10% deposit, balance 60/90 days

  • Property ID: 286433
  • Floor Area: 810m²
  • Land Area: 1606m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 28/03/2018 810m2 1606m2 Contact Agent
Iconic Newport Opportunity!

A renovated Bluestone Victorian on a large allotment in the heart of Newport Village is now available For Sale by Public Auction on Wednesday 28th March 2018 at 12pm on-site.

This unique homestead was constructed in 1875 and is situated on a significant sized allotment of 1,606m2* with street frontages to both Melbourne Road and Steele Street and surrounded by Newport's cafe and bar culture.

In addition to the original building there is substantial additional accommodation constructed on the property.

The property is currently operating as boutique accommodation consisting of 22 rooms. The property is zoned General Residential and is suitable for residential development, medical centre, child care, accommodation, aged care facility, educational facility, place of assembly + more (STCA).

The subject property benefits from its close proximity to an array of amenities including Newport Railway Station - 400m*, Newport Village - 400m*, Williamstown Retail Precinct - 2kms*, Westgate Freeway - 1.6kms* and Melbourne's CBD - 6.5kms*.

Contact CVA to know more about this rare offering.


*approx

Additional Information
Features
  • Availability: Upon settlement
  • Zoning: General Residential (GRZ)
  • Suitable Development: Townhouses, Dual occupancy
  • Permits Issued: Nil
  • Lease Term: N/A
  • Rent Review: N/A
  • Car Spaces: On site
  • Condition: Excellent
  • Air Conditioning: Yes
  • Roller Doors: No
  • Floors: Concrete, Timber, Tiles
  • Lifts: N/A
  • Sprinklers: No
  • Height: 3.5m in main house
  • Age: Constructed 1875
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Newport Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $94 ---
Retail $5278 --- ---
Offices $5278 --- ---
This is the average advertised price, rent and yield for Newport, VIC 3015*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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