100 Percy Street, Portland, VIC 3305

Retail

For Sale $420,000

  • Property ID: 444814
  • Floor Area: 190m²
  • Land Area: 525m²
  • Occupancy: Vacant
PRIME COMMERCIAL REAL ESTATE

Presenting as excellent opportunity, 100 Percy Street in Portland stands as a testament to prime commercial real estate within the heart of the CBD. Boasting a long-standing tenant and demonstrating robust returns, this 525m2 allotment includes a 190m2 building with a spacious retail area, two offices, a toilet and ample storage space, all complemented by rear parking facilities. Ideal for investors seeking both stability, and potential growth, this property not only offers immediate returns but also holds promise for further development, pending council approval. With its strategic location and promising prospects, 100 Percy Street emerges as an enticing investment prospect for those keen on securing a foothold in Portland's vibrant commercial landscape.

Portland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $77 ---
Offices $2208 $92 4.16%
Retail $4282 $77 1.79%
This is the average advertised price, rent and yield for Portland, VIC 3305*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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