344 Lorimer Street is a spacious modern industrial complex with office, showrooms and warehousing at the edge of Melbourne's central business district.
First built in 2008 and known as Aquatica Business Park, the complex has a mixture of two and three level offices with quality fitouts, along with high clearance warehouses suitable for container loading or high storage racking.
Set over 1.7ha with a lettable area of 9600sqm, the Business Park is exceptionally well-located, just moments from the Port of Melbourne, Australia's largest seaport and shipping hub.
In addition to this sought after, strategic location just off the Westgate Freeway, the complex contains generous parking for up to 172 cars and is on the 237 Bus Route.
The position of the property is within a few blocks of the lakes and grasslands of Westgate Park and situated in a precinct that is home to automotive, aeronautical and technology industries.
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 13,393 properties. Over the last 5 years, Houses in Port Melbourne have seen a -0.70% decrease in median value, while Units have seen a 0.22% increase. As at 31 May 2026:
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