1 Port St

Newport VIC 3015

557 m²

House

Currently for sale - view listing

Overview

557sqm* Of Pure Potential In A Coveted Newport Location

• 557sqm* allotment in a quiet cul-de-sac close to cafes, schools and shops • An exciting opportunity for those seeking a large city-fringe site for a new-home build (STCA) or multi-dwelling development (STCA) • Currently occupying the site is a modest one-bedroom residence • Off-street parking • Currently leased at $1256 pcm Presenting an increasingly rare opportunity to secure a substantial allotment in one of Newport’s most tightly held and rapidly evolving pockets. Positioned in a quiet cul-de-sac location, on an expansive allotment measuring approximately 15.2m* wide by 36.6m* deep (557m²* approx.), the property’s width immediately sets it apart from the majority of blocks in the area, opening the door to a range of exciting possibilities. Whether you’re a family looking to design and build a forever home with generous proportions, outdoor space and flexibility or a developer seeking a site suited to a dual-occupancy (STCA), this is a proposition with genuine upside. Currently occupying the site is a modest one-bedroom residence returning approximately $1,256 PCM*, providing holding income while future plans and permits are explored. Ideally located within close proximity to Newport Village, Newport Train Station, Newport Lakes, Paisley Park, Sacred Heart Primary School, Newport Gardens Primary School and Bayside P-12 College. This is an opportunity to secure size, flexibility and future potential in a highly sought-after lifestyle location. Why you’ll love this location: Ideally located for relaxed living and easy city access, this address hold endless lifestyle appeal. Stroll to Elephant Café in six minutes* for a great morning coffee and walk to Challis Street in ten minutes* for the convenience of local shops, services and eateries. Newport Village awaits four minutes* from home, offering gourmet grocers, cafes and shops, while proximity to Altona Gate Shopping Centre, Millers Junction and Williamstown ensures easy access to big-name shopping and a choice of supermarkets. Walk to Newport Lakes for an immersive natural escape, enjoy a day on the green at nearby Altona Lakes Golf Course and enjoy easy beach days at Altona Beach and Williamstown Beach, both less than ten minutes* from your front door. Families will appreciate the eight-minute* walk to Newport Gardens Primary School and Newport Gardens Early Learning Centre while city workers can catch the bus to Newport Station for regular CBD-bound trains. *Approximate