501 Williamstown RoadPort Melbourne VIC 3207
Property Details for 501 Williamstown Rd, Port Melbourne
Last Listing description (October 2023)
* Highly sought after premium location only 2.5 kilometres* from the Melbourne CBD
* 12 year lease to Bunnings (Wholly owned subsidiary of Wesfarmers-ASX:WES) expiring 2020
* Annual net income of $1,650,288* with annual CPI increases.
* Strategic site of 3.03 ha (30,320sqm)* offering three (3) street frontages
* Exceptional Bunnings Warehouse of 13,846sqm.
For Sale by Public Expressions of Interest closing: Thursday 18th November 2010 at 3:00pm
To discuss the property in more detail, please contact either of the marketing agents below;
* Mark Wizel 0411 694 756 / ( 03) 8621 3315
* Graham Hemingway 0407661771 / (03) 8621 3432
*approx
Property History for 501 Williamstown Rd, Port Melbourne, VIC 3207
- 09 Nov 2020Listed for Sale SOLD - Price Withheld
- 15 Oct 2010Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 13,442 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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