2, 1 Phillip Court, Port Melbourne, VIC 3207

Retail

Sold $865,000

  • Property ID: 200528
  • Floor Area: 93m²
  • Land Area: 93m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 23/03/2016 93m2 93m2 $865,000
GREEDY INVESTORS! NOW ONLY $899,500.

Very prominent, fronting busy Salmon St and only 6 years old, this ticks all the boxes for investors.
Well established tenant with immaculate presentation
Long lease to 2020 plus options
Captive market and great exposure
Excellent on site customer parking
Current rent $56,939 pa (app) plus outgoings
Affordably priced by a realistic Vendor.

Port Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $9435 $445 4.72%
Offices $5927 $282 4.76%
Industrial $5611 $227 4.04%
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 Retail 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:

  • 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™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 2, 1 Phillip Court, Port Melbourne, VIC 3207. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 2, 1 Phillip Court, Port Melbourne, VIC 3207. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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