702/101 Bay St, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 4438m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Poised well above the famously loved Bay Street in the highly esteemed 'Bay 101' development, this captivating apartment offers over 90 square meters of internal living matched by the perfect sized balcony. Impressive views are showcased from North to West, an absolute panorama of the stunning city skyline by day and the vibrant city lights at night. By combining house-like proportions, beautifully considered fixtures and finishes with the optimal layout, it's broadly attractive to all, from downsizers, work from home professionals or investors looking for something rare and special.
Distinguished by over-sized rooms, this substantial apartment also boasts a desirable corner position with an enviable northerly aspect that enjoys beautiful sunlight throughout the day. The generous chef's kitchen, featuring a suite of Miele appliances, stone benchtops and great storage, flows through to the bright and cheerful open living and dining area. The floorplan has been carefully designed and provides a designated study, perfect for working from home. The master retreat is equipped with built in robes and a sparkling ensuite bathroom, whilst the second bedroom is also spacious and serviced by the central second bathroom.
Extra features include 2 side by side basement car spaces (both with above bonnet storage lockers), lovely timber floors, split system heating/cooling, European laundry, absolute security with swipe access and video intercom and an on-site building manager. Situated in a pet-friendly and very well-maintained building in the heart of Port Melbourne just 1 block away from the beach, with everything you could possibly desire in an urban yet beachside lifestyle. Stroll to all the popular cafes and restaurants, a multitude of beautiful parks and renowned local schools, and with excellent transport links to the CBD right on your doorstep.
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:
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