6-8 Brown StreetPortarlington VIC 3223
Property Details for 6-8 Brown St, Portarlington
Last Listing description (November 2020)
Freestanding Woolworths Supermarket With Brand New 15 Year Net Lease
- Brand New Freestanding Supermarket Leased To Woolworths
- New 15 year net lease + 2 x 10 year options to 2048
- Highly Exposed 1,914 sqm* Land Holding
- Positioned within the Portarlington Town Centre
- Only Major Supermarket Within Catchment
- Net annual income of $439,000* with % rent imminent due to consistent growth in turnover
Parties are required to register their interest in bidding prior to boardroom auction, through the exclusive sales and marketing agents.
FOR SALE VIA PUBLIC BOARDROOM AUCTION WEDNESDAY 12TH NOVEMBER AT 2:30PM
LOCATION: LEVEL 34, 8 EXHIBITION STREET, MELBOURNE
Property History for 6-8 Brown St, Portarlington, VIC 3223
- 09 Nov 2020Listed for Sale SOLD - $8,005,000
- 12 Nov 2014Sold - Price Undisclosed
- 16 Oct 2014Listed for Sale PUBLIC BOARDROOM AUCTION
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0About Portarlington 3223
The size of Portarlington is approximately 24.8 square kilometres. There are 15 parks, covering nearly 8.9% of the total area. The population of Portarlington in 2016 was 3619 people. By 2021 the population was 4436 showing a population growth of 22.6% in the area during that time. The predominant age group in Portarlington is 60-69 years. Households in Portarlington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Portarlington work in a professional occupation.In 2021, 74.80% of the homes in Portarlington were owner-occupied compared with 69.60% in 2016.
Portarlington has 4,249 properties. Over the last 5 years, Houses in Portarlington have seen a -0.75% decrease in median value, while Units have seen a -3.46% decrease. As at 31 July 2026:
- The median value for Houses in Portarlington is $847,199 while the median value for Units is $607,147.
- Houses have a median rent of $548 while Units have a median rent of $480.
Suburb Insights for Portarlington 3223
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