165 Bay St, Port Melbourne is a 3 bedroom, 0 bathroom Unit. The property has a land size of 145m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Gorman Allard Shelton is pleased to offer this secure retail investment plus first floor residence to renovate within the heart of Bay Street.
Public Auction: Wednesday 26th October at 12 noon on-site
Key attributes of the property include:
* Set amongst vibrant retailers
* Ground floor returning $44,928 pa at 01/12/2022
* Great rear access to separate first floor
* Loads of upside to renovate
* Land and building area: 145 sqm approx.
* Car access at rear
* Occupy or rent first floor separately
Situated in the heart of the Bay Street retail precinct only metres to Coles, Telstra and Australia Post.
Open For Inspection:
Tuesdays: 12.00pm - 12.30pm
Thursdays: 4.00pm - 4.30pm
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 13,428 properties. Over the last 5 years, Houses in Port Melbourne have seen a -1.39% decrease in median value, while Units have seen a 5.66% increase. As at 31 January 2026:
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