402/111 Nott St, Port Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 638m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
This modern and spacious 1 bedroom apartment within the 'Port One Eleven' development is moments from the Port Melbourne beach and cosmopolitan Bay Street with its many cafes, restaurants and shops.
Take advantage of this great owner occupied or investment opportunity to purchase with a current month-by-month lease in place with a long term tenant.
The property has been meticulously designed with thoughtful spaces including the added advantage of a secluded study nook and open plan living and dining area overlooking a private balcony fit for alfresco entertaining. The gourmet kitchen is equipped with integrated Miele appliances, stone benchtops and clever storage solutions.
The main bedroom overlooks the balcony and is made more spacious by the separate walk-in-robe and direct access to the bathroom which features superb fittings to create luxury and hides a euro style laundry with basin. Off street parking, storage cage and lift access adds to the appeal as does the location which allows for the quintessential Port Melbourne lifestyle with Port Melbourne beach, parklands, Bay Street, Gasworks Park, and tram access into the CBD just 5km away.
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 13,386 properties. Over the last 5 years, Houses in Port Melbourne have seen a 0.86% increase in median value, while Units have seen a 2.21% increase. As at 30 April 2026:
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