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Superb retail, cafe, restaurant or office space with prominent exposure and foot traffic. The property is situated on Melbourne Road, Newport within 5 mins walk to Newport Train Station a short and Bus Interchange Services 471, 472 and 432. The property is in the close proximity of the many vibrant cafes and restaurants Newport has to offer.
The property includes an open office/ retail area upon entry and another large open plan 'consulting room' at the rear. It has washrooms and a kitchenette with a sun drenched rear outdoor courtyard accessible via a rear laneway right of way including parking.
The size of Newport is approximately 5.2 square kilometres. There are 22 parks, covering nearly 15.4% of the total area. The population of Newport in 2016 was 12916 people. By 2021 the population was 13658 showing a population growth of 5.7% in the area during that time. The predominant age group in Newport is 40-49 years. Households in Newport are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Newport work in a professional occupation.In 2021, 69.50% of the homes in Newport were owner-occupied compared with 69.20% in 2016.
Newport has 6,600 properties. Over the last 5 years, Houses in Newport have seen a -6.72% decrease in median value, while Units have seen a -0.55% decrease. As at 31 July 2026:
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