101 Salmon Street, Port Melbourne, VIC 3207

Development/Land

For Sale or Lease

  • Property ID: 448360
  • Floor Area: 1m²
  • Land Area: 3287m²
  • Occupancy: Vacant
LANDMARK BLANK CANVASS WITH ENDLESS POTENTIAL

POINT OF INTEREST:

Measuring a staggering 3,287 sqm*, the generous rectangular land parcel commands attention as you get off or onto the Salmon Street overpass. The rare vacant site is perfectly suited to turn into a mixed-use development, mirroring the successful ones in the area. The neighbouring industrial and retail offerings showcase the appetite for owner-occupiers to set up shop here for good, while the booming Fisherman’s Bend residential builds continue to pull more young professionals into the area. However, the lack of purely vacant land this close to the CBD also answers the call for oversized storage with arterial benefits. Moments from the West Gate Freeway and only 10 minutes from the CBD, the top end of Salmon Street is about as expensive and highly sought after as Salmon gets. Port Melbourne could be called Short Melbourne. The West Gate will take you through to the east or south with ease, but the Citylink is also only 800 m* away and will get you to any other point in Melbourne fast.

- 3,287 sqm* total land area.
- Favourable Capital City Zoning.
- 39 m* of frontage to Salmon Street.
- Rare vacant site ready to value add.
- Suit owner occupiers or developers.
- 200 m* to the West Gate Freeway.
- 800 m* to the Citylink.
- 10 mins* from the CBD.

POINT OF VIEW:

These days, the only way you’d have access to nearly an acre of land this close to the CBD is to rent a bulldozer. This significant parcel of land within sight of the West Gate will pique the interest of every land banker, developer, and owner-occupier in Melbourne.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: At settlement
  • Car Spaces: N/A
Outgoings
  • Water Rates: $254 p.a* (2024)
  • Land Tax: $83,325 p.a* (2024) (Single Holding)
  • Council Rates: $27,492.65 p.a* (2024)
  • Owners Corp. / Insurance: N/A
  • Other Charges: TBC
Port Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5473 $194 3.54%
Retail $10606 $329 3.11%
Offices $4344 $237 5.46%
This is the average advertised price, rent and yield for Port Melbourne, VIC 3207*
* 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:

  • 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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