76-80 Short Street, Portland, VIC 3305 sold on 26 March 2026 | OnTheHouse
SOLD
Sold on 26 Mar 2026 for $315,000

76-80 Short Street
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 185m2
Land area: 670m2
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Property Details for 76-80 Short St, Portland

Building Type
Commercial
Floor Size
185m2
Land Size
670m2

Last Listing description (March 2026)

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.

Property History for 76-80 Short St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$315,000
26 Mar 2026
  • 11 Mar 2026
    Sold for $315,000
  • 16 May 2025
    Listed for Sale $350,000
  • 16 Jan 2023
    Sold for $265,000
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About 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 6,684 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:

  • The median value for Houses in Portland is $497,942 while the median value for Units is $294,174.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 106 properties listed for sale, and 3 properties listed for rent in Portland on OnTheHouse. According to Cotality's data, 335 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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Ben Nash
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Assets Real Estate
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Assets Real Estate Portland
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.