153 Browning Street, Portland, VIC 3305

Industrial

Sold $600,000

  • Property ID: 397617
  • Floor Area: 512m²
  • Land Area: 3967m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 512m2 3967m2 N/A
Large quality shedding on spacious land

Set in an established industrial area of Portland with easy access from town and set just off the main truck route into Portland is this this 3967m2 industrial allotment.
The property is tenanted by 2 business's, a longtime mechanic occupies the shed which boasts a large floor area of approximately 512m2, offices, toilets, kitchen amenitites, 3 phase power and a mechanic pit making this the ideal set up.
Outside a planning permit has been approved to use the hard stand land at the rear of the property as a self storage facility. This too has a long term tenant in place and overall creates a fantastic return on investment.
Contact Assets Real Estate today to arrange your inspection.

Portland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1267 $77 6.06%
Retail $1975 $77 3.89%
Offices $2264 $92 4.05%
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 Industrial 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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