142 Hurd StreetPortland VIC 3305
Property Details for 142 Hurd St, Portland
Last Listing description (September 2023)
This amazing investment opportunity, located on the world-renowned Great Ocean Road, is only 500m from Portland CBD and in a light industrial and retail area.
The property is set on approximately 5488 sqm Mixed Use Schedule 1 zoned land with a high profile building and a dual road access.
The two storey building has a large 12 aisle shop area approx. 1800 sqm which includes a service desk and retail office. The rear storage area is 216 sqm and the property includes a spacious separate 450 sqm extra storage & work shed.
This fantastic local favourite freehold opportunity which is secured by an 18 year lease will not last long so enquire today.
Property History for 142 Hurd St, Portland, VIC 3305
- 24 Oct 2023Sold for $1,125,000
- 16 Nov 2022Listed for Sale Investment $1,300,000
- 11 Sep 2014Sold for $90,000
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0About Portland 3305
The size of Portland is approximately 33.5 square kilometres. There are 28 parks, covering nearly 6.2% of the total area. The population of Portland in 2016 was 9712 people. By 2021 the population was 10016 showing a population growth of 3.1% in the area during that time. The predominant age group in Portland is 60-69 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a professional occupation.In 2021, 70.00% of the homes in Portland were owner-occupied compared with 65.20% in 2016.
Portland has 6,679 properties. Over the last 5 years, Houses in Portland have seen a 43.25% increase in median value, while Units have seen a 39.43% increase. As at 31 August 2026:
- The median value for Houses in Portland is $503,166 while the median value for Units is $319,632.
- Houses have a median rent of $480 while Units have a median rent of $400.
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