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The Best of Both Worlds
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419 Melbourne Road, Newport VIC 3015

$40K +gst+ outgoings

RetailSize: n/a
Block size: 240 m² approx.
This versatile fully renovated freehold offers superb flexibility and uniqueness. Whether it be for a commercial, residential use or combination of both, this property is sure to impress. Conveniently located in a booming inner west suburb of Newport, the property offers outstanding long term capital growth prospect and ever improving lifestyle amenities.

Key features include
- Land Area: 240sqm approx. with excellent rear access that provides future development and value add potential
- Building area 220sqm aprox consisting of a stunning fully renovated shop and dwelling with secure garage for multiple car parks
- Commercial 1 zone
- Offered with vacant possession
- Future development / value add upside by activating the superb rear access
- Outstanding opportunity to capitalise on the emerging and booming inner west location of Newport. The property offers significant main road exposure, public transport on its door step, access to the Western link tunnel/ freeway network and gentrifying multicultural demographic all whilst being only 6 km from Melbourne's CBD. Its easy to see the upside in capital growth potential this suburb and more importantly this property offers.

Contact Anthony on 0400 006 527 to discuss today!

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Key details

Garage Spaces:
1
Property type:
Retail
Block Size:
240 *

Other Details

Lot:
3
Plan:
LP33376
Legal description:
3\LP33376
Barbounis Real Estate

Maps and area information

Block information
Block size: 240 (approx)
Legal description: 3\LP33376
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Newport's suburb profile

Newport suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
13,658
Listing ID: 182473980. This listing has been viewed 0 times. It was first displayed on 24/04/2024 and last updated on 24/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.