156 Rouse StreetPort Melbourne VIC 3207
Property Details for 156 Rouse St, Port Melbourne
Last Listing description (October 2014)
TENANTED INVESTMENT BY THE BAY
Footsteps from the iconic and thriving Port Melbourne Bay street precinct, this property boasts an impressive resume of features including:
TENANCY BENEFITS
* Tenant recently recommitted to a further 5 year lease (2013) with an additional 2 x 5 year option/terms
* $54,207.35 (including gst) per annum
*All outgoings (including body corporate) paid for by the tenant
* Complimentary retail businesses in close proximity.
BUILDING BENEFITS
* Modern retail space 116m2 (approx) in floor area
* Great street frontage
*Heating and Cooling
*Toilet facilities and kitchenette within shop
* Large public car park next door
* Parking bays outside of property
*The property is ideally positioned on the ground level of a substantial apartment development.
This opportunity is well positioned in the vibrant growth precinct and with a secure income stream, warrants your consideration.
Property History for 156 Rouse St, Port Melbourne, VIC 3207
- 14 Oct 2014Sold for $860,000
- 20 Aug 2014Listed for Sale Not Disclosed
- 06 Mar 2013Transferred
Recent sales nearby
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About Port Melbourne 3207
The size of Port Melbourne is approximately 10.1 square kilometres. There are 34 parks, covering nearly 11.2% of the 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 13,440 properties. Over the last 5 years, Houses in Port Melbourne have seen a -4.39% decrease in median value, while Units have seen a -0.59% decrease. As at 30 June 2026:
- The median value for Houses in Port Melbourne is $1,684,150 while the median value for Units is $837,951.
- Houses have a median rent of $900 while Units have a median rent of $730.
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