Here is your chance to secure a rare freehold commercial property with endless potential. Situated just 2.1km from Portland's CBD in a residential pocket, 76–80 Short Street offers an exciting opportunity for both owner-occupiers and savvy investors. This long-standing premises has a proud history as a popular catering and milk-bar and now presents a "walk-in, walk-out" scenario ready for its next chapter. With approximately 185m² of internal floor space, the layout allows flexibility to configure into one large commercial space or up to three separate shops – ideal for a variety of business ventures.
Set on a generous 670m² allotment, the property also includes approximately 200m² of vacant land at the rear, along with a toilet, offering excellent scope for future development (STCA). Whether you're looking to launch your own business, expand an existing enterprise, or lease out the spaces for investment returns, this property provides a solid foundation with room to grow. Contact Assets Real Estate today to book your inspection.
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 6,684 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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