239-241 Bay Street,
Port Melbourne, VIC 3207

2 Retail Shops PLUS Stunning 1st Floor Residential Apartment
* 3 Separate titles being sold as one - First time offered in 40 years!
* Total Rent: $83,300pa
* 2 Retail tenancies securely leased to long established tenants PLUS 1st floor residence
239 Bay Street (Optometrist)
* 3 + 3 + 3 year lease (comm 1/7/14)
* Rent: $36,200.74pa + GST + Outgoings
239a & 241 Street (Podiatrist)
* 3 + 3 year Lease
* Rent: $31,500pa + GST + Outgoings
1st Floor, 239 Bay Street (1 Bedroom Apartment)
* 1 year lease
* Rent: $15,600pa
* Building area 240sqm approx
* Land area 200sqm approx
* Note: Wide 11m Bay Street frontage
* Potential to further develop or add value (stca)
* Rear access available via Lalor Street
* Commercial 1 zoning
* Significant potential to improve rental income in future
Located in the absolute heart of Bay Street, Port Melbourne, considered one of Melbourne's strongest retail shopping strips. Surrounded by major brand retailers, such as Coles, Boost Juice, Australia Post, Flight Centre, NAB, Westpac, Bank of Melbourne, CBA, ANZ, IGA supermarket, Vintage Cellars plus many more. A rare opportunity to acquire a unique property with huge upside. Only 2.5km to Melbourne CBD, metres from famous Port Melbourne beach, surrounded by an abundance of residential development and transport. This opportunity is not to be missed.