11, 3 Westside Avenue, Port Melbourne, VIC 3207

Offices

Sold

  • Property ID: 393351
  • Floor Area: 132m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 11 Sold 01/08/2023 132m2 N/A Contact Agent
PURCHASE IN PORT

POINT OF INTEREST:
Forming one part of this 35 unit office development, Unit 11 at 3 Westside Avenue is a superb example of Port Melbourne's robust strata office market - specifically, those within the Fishermans Bend precinct. Owned and occupied since its inception, Unit 11 comprises thoughtfully partitioned offices, an inviting reception & welcome area, open plan work spaces, and staff amenities including kitchen, bathrooms and shower. Further complementing this light-filled office are 5 car spaces allocated to the unit. Offering excellent value and superior accessibility to every point of Greater Melbourne, Port Melbourne stands above the rest of the city fringe. You won't be fighting for car parks, major arterial roads are at your doorstep for whenever you need to leave the office, and the CBD and Port Melbourne's lifestyle amenities are all within 5-10 minutes of your door.

The Fishermans Bend "Employment Precinct" is set to undergo a major evolution with the revitalisation of its commercial and industrial zoned areas, in particular the GM Holden site & proposed public transport links. Identified as a future hub for design, engineering and advanced manufacturing, this precinct is sure to grow well into the future. Further information can be found at https://www.fishermansbend.vic.gov.au/

- 132 sqm* total building area
- Five (5) on-site car spaces
- Light-filled self-contained office
- Superb access to major arterial roads including CityLink, Westgate and Monash Freeways

POINT OF VIEW:
One occupier has been here for the last 15 years, the next 15 years in Port Melbourne promise plenty of change and plenty of upside - make sure you're the one to capitalise on it!

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 5 on-site
  • Condition: Excellent
  • Air Conditioning: Ducted, reverse cycle
  • Floors: Carpet / Tile
  • Lifts: N/A
  • Height: 2.5m (approx)
  • Age: 16 years (approx)
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,000pa (approx)
  • Land Tax: Nil (on single holding basis)
  • Council Rates: $1,101.77pa (approx)
  • Owners Corp. / Insurance: $3,215.72 (approx)
Port Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7391 $329 4.46%
Offices $4244 $243 5.72%
Industrial $5037 $192 3.81%
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:

  • 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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