179 Bay StreetPort Melbourne VIC 3207
Property Details for 179 Bay St, Port Melbourne
Last Listing description (June 2024)
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Unearth the hidden potential of this exceptional two-level building in the heart of Port Melbourne, a former restaurant that now beckons entrepreneurs with versatile opportunities.
Key Features:
Prime Location - Positioned perfectly in Port Melbourne, neighbouring prominent national and local operators such as Coles, Australia Post, and Vintage Cellars.
Versatile Space - A spacious 205 sqm canvas, offering flexibility for retail or food operators with the added option for residential accommodation on the first floor.
Turnkey Infrastructure - Seamless transition with ample storage areas, 3-phase power, and the legacy of previous hospitality infrastructure in place.
Convenience - Enjoy the vibrancy of Port Melbourne with easy access to Melbourne's CBD, Port Melbourne beach, and ample street parking. Public transport is just around the corner.
Long Term Lease Available 0 Ensure stability for your business with the option for a long-term lease, providing a secure foundation for future success.
Adaptable Uses - Explore a variety of business possibilities (STCA), making this property adaptable to your unique vision.
This isn't just a commercial retail space; it's an experience waiting to be curated.
Feel the pulse of Port Melbourne and act now. Contact our leasing agent to schedule an inspection and secure your place in this prime location before it slips through your fingers.
Last Image Courtesy of Victorian Heritage Database
Property History for 179 Bay St, Port Melbourne, VIC 3207
- 06 Feb 2024Listed for Rent - Price not available
- 09 Mar 2007Sold for $1,250,000
- 01 Mar 1985Sold for $123,000
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 13,445 properties. Over the last 5 years, Houses in Port Melbourne have seen a -6.23% decrease in median value, while Units have seen a -2.72% decrease. As at 31 July 2026:
- The median value for Houses in Port Melbourne is $1,661,716 while the median value for Units is $827,733.
- Houses have a median rent of $900 while Units have a median rent of $750.
Suburb Insights for Port Melbourne 3207
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