An opportunity like this one doesn't come around very often - a fully furnished 14-room motel is available for purchase in North Portland, just 500 meters from beautiful sea views.
With a 3-bedroom residence also located on the property, this is the perfect chance to buy into the Portland accommodation industry at a very reasonable price. All rooms feature air conditioning and bathroom/kitchenette facilities, with ample parking space provided for guests. This property is located on approx 2728m2 of land over 4 lots. An inspection of this property is a must, do not miss out! Call Portland Seaview Real Estate for further information or to book an inspection today. The property can also be leased for a negotiated term, for more details contact Allan Barrett today on 0438660057.
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 6,682 properties. Over the last 5 years, Houses in Portland have seen a 45.78% increase in median value, while Units have seen a 24.89% increase. As at 31 July 2026:
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