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134 Percy Street

Portland, VIC 3305, Australia
$990,000
9 bed 1 bath 7 car797m²

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Area Price Guide
$930,600$1.05m

Indicative price guide range

🏘️
84
Comparable
📊
$450,000
Area median
⚖️
+120%
vs median
📐
$1,242
Per m²
📏
797 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Positioned at the gateway to the CBD in the charming coastal township of Portland, this character-filled weatherboard property presents a rare and versatile opportunity for investors, business owners, or those seeking a unique central residence. Rich in history and originally constructed in the 1950s, the property has been meticulously maintained and most recently utilised as a long-term office space. Now offered with vacant possession, it provides immediate flexibility for a range of uses, enhanced by its desirable mixed-use zoning. Spanning approximately 37.6 squares across two well-appointed levels, the layout is both practical and expansive. The ground floor welcomes you with a reception area and features eight separate offices, a spacious boardroom, staff room, and two toilet facilities-ideal for a professional or consulting environment. Upstairs, additional office space is complemented by a second boardroom complete with a plumbed sink and built-in storage, offering further functionality or potential for conversion. Comfort is assured year-round with a three-phase inverter ducted air conditioning system servicing the ground floor, while the upper level is equipped with reverse cycle heating and cooling. Set on a generous 797m² allotment, the property also provides the convenience of multiple off-street car parks at the rear-an invaluable asset for both commercial and residential applications. Whether you are looking to establish or expand a business, invest in a prominent commercial holding, or transform this historic gem into a centrally located residence, this is a truly unique acquisition in a tightly held coastal market. Opportunities of this calibre, combining location, flexibility, and character, are seldom available-making this an exceptional prospect for the astute purchaser.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,799/month
    $2,400 /fortnight
    Loan $792,000 at 6.10% over 30 years

    Upfront costs

    Deposit$198,000
    Stamp duty$54,450
    Conveyancing (est.)$2,000
    Total upfront$254,450
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    9
    Bathrooms
    1
    Parking
    7
    Land Area
    797m²
    Listed
    1 week ago

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