172-174 Percy Street, Portland, VIC 3305

Development/Land | Retail | Medical

For Sale $685,000

  • Property ID: 378212
  • Land Area: 1587m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Own it, Hold it, Develop it, Get a return!

A rare opportunity to own two titles situated on the main street of Portland and zoned Commercial 2. The two-bedroom brick house is currently tenanted with good rental history and can provide a good return while preparing development plans.
The home features large windows letting in plenty of natural light throughout the home, the master bedroom includes large built-in-robes. There is ample storage space throughout the living room that connects to a formal dining space. The kitchen over looks the spacious backyard and with the total block size of approximately 1587, the house sits on 1 title the size of approximately 917m2 and the second title, the vacant block is approximately 670m2 and has access to Percy Street and rear access.
Located close to the beach and surrounded by other corporations and health services this property makes a great opportunity for a number of different commercial developments (STCA).

Portland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1172 $75 6.37%
Retail $2382 $128 5.36%
Offices $3112 $123 3.96%
This is the average advertised price, rent and yield for Portland, VIC 3305*
* 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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