167 Bay Street, Port Melbourne, VIC 3207 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,250,000 - $1,350,000

167 Bay Street
Port Melbourne VIC 3207

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 123m2
Land area: 135m2
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Shop and Dwelling Near Coles

Frank Gordon & Co is pleased to present 167 Bay Street, Port Melbourne
Expressions of Interest closing Thursday 13 November at 12:00pm
Open for Inspection Saturday 12:00pm - 12:45pm
Prime Bay Street a few doors from coles in a high profile lifestyle precinct, 167 Bay Street is an attractive two storey shop and dwelling on land approx 135m² with floor area of approx. 123 m² a few doors down from Coles. Benefitting from existing commercial kitchen to provide owner occupiers or investors a low cost entry into this bustling retail centre. Currently vacant. Rear access, parking and garage. This is the best part of Bay Street for daily foot traffic, passing cars and and is surrounded by fabulous local amenity, and national tenants including Vintage Cellars, Telstra, Australia Post and Hunky Dory to name a few.
KEY FEATURES:
• Victorian shop and dwelling in lifestyle precinct
• Commercial kitchen infrastructure
• Rear garage with 1 on-site car parking
• Potential to extend both upstairs and downstairs.
• An iconic tree lined street with wide pavement to license for dining
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Property Details for 167 Bay St, Port Melbourne

Building Type
Commercial
Floor Size
123m2
Land Size
135m2
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About Port Melbourne 3207

The size of Port Melbourne is approximately 10.1 square kilometres. It has 34 parks covering nearly 11.2% of total area. The population of Port Melbourne in 2016 was 16175 people. By 2021 the population was 17633 showing a population growth of 9.0% in the area during that time. The predominant age group in Port Melbourne is 30-39 years. Households in Port Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Melbourne work in a professional occupation.In 2021, 54.30% of the homes in Port Melbourne were owner-occupied compared with 50.50% in 2016.

Port Melbourne has 13,425 properties. Over the last 5 years, Houses in Port Melbourne have seen a 12.79% increase in median value, while Units have seen a 10.04% increase. As at 31 October 2025:

  • The median value for Houses in Port Melbourne is $1,680,909 while the median value for Units is $853,313.
  • Houses have a median rent of $770 while Units have a median rent of $750.
There are currently 17 properties listed for sale, and 14 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 588 properties were sold in the past 12 months in Port melbourne.

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Frank Callaghan
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Stephen Yue
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Frank Gordon & Co Pty Ltd
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