92 Bay Street, Port Melbourne, VIC 3207

Offices

For Sale

  • Property ID: 443533
  • Occupancy: Vacant

Fitzroys is delighted to offer for sale this affordable retail investment located in the renowned Bay Street shopping strip via onsite Auction on Friday 10th May at 12pm
The key attributes of this opportunity include:
Immaculately presented ground floor retail premise of 75sqm* - within Bayview Apartment Complex. Renewed 3 + 3 year Lease from December 2023 to proven local business trading as ‘Oscar Charlie Hair’.Rent: $57,500 per annum plus GST and outgoings. Private undercover parking accessed via Little Bay Street.Attractive low land tax exposure. Ultimate position only metres from Port Melbourne Beach and an array of lifestyle amenity.Surrounded by a host of recognised national/local operators including Coles, IGA, Hunky Dory, Noisette, Priceline, Advantage Pharmacy and more.Abundance of public car parking available and ease of access to major arterials.
92 Bay Street Port Melbourne presents an outstanding opportunity to acquire a high yielding retail investment in a popular retail/lifestyle precinct.
*Approx.

Port Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4244 $241 5.69%
Retail $7391 $329 4.46%
Industrial $5037 $192 3.82%
This is the average advertised price, rent and yield for Port Melbourne, VIC 3207*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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:

  • 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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