116 Browning Street, Portland, VIC 3305

Retail

Sold $475,000

  • Property ID: 324584
  • Floor Area: 450m²
  • Land Area: 2364m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 450m2 2364m2 N/A
Immaculate Industrial Property

Excellent opportunity to purchase this immaculate industrial property with features including:
- 450m2 (30m x 15m) shed with 4.2m door height
- Shed includes high MPA slab, 3 phase power, office / reception, lunch room, toilets, shower and large mezzanine area
- Land size of approximately 2364m2 including large sealed area
The shed was purpose built and still operated as an accredited automobile repair workshop. The owner is offering property for sale under the condition it can be leased back for a 12 month period.

Portland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1267 $77 6.06%
Offices $2264 $92 4.05%
Retail $1975 $77 3.89%
This is the average advertised price, rent and yield for Portland, VIC 3305*

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 Cafes - Number of cafes located within 500 metres of 116 Browning Street, Portland, VIC 3305. 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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