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112-114 Pier Street 710 SF Retail Condo Units in Altona, VIC 3018
Investment Highlights
- Excellent exposure and signage opportunities in a high-footfall corridor
- Close to Altona Beach, delivering strong seasonal and year-round visitation
- Surrounded by established retailers, hospitality operators, and key community amenities
Executive Summary
112-114 Pier Street comprises three modern strata-titled retail suites positioned on the ground floor of a prominent mixed-use development in the heart of Altona’s bustling commercial precinct. Occupying prime frontage along Pier Street, each shop benefits from full-height glazing, excellent street exposure, and direct connectivity to Altona Station and the foreshore—a major drawcard for both local residents and visitors to Melbourne’s bayside. The property sits within the highly coveted Commercial 1 Zone (C1Z), enabling flexible usage options for food, retail, or service-oriented businesses (STCA). Demand drivers include a growing population base, rapid gentrification, and sustained amenity investment across Altona, reinforcing long-term value prospects. This offering represents a rare opportunity to secure quality retail assets in a thriving bayside location characterized by strong demographics, seasonal beachside patronage, and continuous residential densification.
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 15\PS642787 |
| Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 15\PS642787 |
Description
Shop 2 is part of a modern mixed-use strata complex strategically positioned in Altona’s thriving retail and lifestyle precinct. Located on the ground floor with high-profile street exposure, this strata-titled retail suite boasts a functional open-plan design ideal for a range of uses under the Commercial 1 Zone (C1Z), including boutique retail, specialty food, services, or showroom purposes (STCA).
The property provides excellent pedestrian and vehicular visibility on Pier Street—one of Altona’s main commercial spines—benefitting from strong local foot traffic and immediate access to public transport (including Altona Railway Station less than 150 metres away). The suite features durable finishes, full-height glazing for maximum natural light, and existing service provisions, offering adaptability for occupiers or immediate income for investors under a secure lease structure. Positioned within a precinct experiencing ongoing urban renewal and increased residential density, this property delivers strong fundamentals in a tightly held inner-bayside market.
The property provides excellent pedestrian and vehicular visibility on Pier Street—one of Altona’s main commercial spines—benefitting from strong local foot traffic and immediate access to public transport (including Altona Railway Station less than 150 metres away). The suite features durable finishes, full-height glazing for maximum natural light, and existing service provisions, offering adaptability for occupiers or immediate income for investors under a secure lease structure. Positioned within a precinct experiencing ongoing urban renewal and increased residential density, this property delivers strong fundamentals in a tightly held inner-bayside market.
Sale Notes
Shop 2 offers a prime retail investment opportunity within a high-demand coastal village setting. Located in Altona’s bustling heart, the property capitalizes on sustained retail trade supported by a growing residential catchment and robust visitation generated by proximity to Altona Beach and associated recreational amenity.
Immediate connectivity to Pier Street’s vibrant hospitality and specialty retail mix ensures consistent footfall and market visibility. This strata asset aligns with investor requirements for defensive income streams and owner-occupier ambitions for a boutique, brand-defining location. With Altona forecasted to benefit from strong population and infrastructure-led growth, Shop 2 represents a compelling, low-risk entry into Melbourne’s bayside retail market.
Immediate connectivity to Pier Street’s vibrant hospitality and specialty retail mix ensures consistent footfall and market visibility. This strata asset aligns with investor requirements for defensive income streams and owner-occupier ambitions for a boutique, brand-defining location. With Altona forecasted to benefit from strong population and infrastructure-led growth, Shop 2 represents a compelling, low-risk entry into Melbourne’s bayside retail market.
| Sale Type | Investment or Owner User | APN/Parcel ID | 15\PS642787 |
| Sale Conditions | Auction Sale |
| Sale Type | Investment or Owner User |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 15\PS642787 |
Description
Shop 3 occupies a strategic ground-floor position within a modern mixed-use strata development in Altona’s thriving retail and dining strip. Set in a high-exposure location along Pier Street, this strata-titled premises features full-height glazing providing excellent natural light and brand visibility, coupled with a flexible internal layout suited to retail, cafe, or office usage under Commercial 1 Zoning (STCA).
With direct street frontage and high pedestrian flow, Shop 3 benefits from strong local demand drivers including proximity to Altona Beach, community services, and increased residential density in the surrounding precinct. Well serviced by public transport, the property sits less than 150 metres from Altona Station, ensuring strong connectivity to Melbourne CBD and surrounding inner-west hubs.
With direct street frontage and high pedestrian flow, Shop 3 benefits from strong local demand drivers including proximity to Altona Beach, community services, and increased residential density in the surrounding precinct. Well serviced by public transport, the property sits less than 150 metres from Altona Station, ensuring strong connectivity to Melbourne CBD and surrounding inner-west hubs.
Sale Notes
Shop 3 presents a rare opportunity for owner-occupiers or investors seeking a boutique retail footprint in a premium bayside location. Positioned within Altona’s most prominent commercial spine, the property offers excellent exposure to both pedestrian and vehicular traffic, enhanced by the area’s lively hospitality, retail, and lifestyle amenity mix.
This strata holding is ideally suited for specialty retail, allied health, food services, or professional consulting, supported by the suburb’s robust demographic and continued gentrification. Being moments to the foreshore and set amidst strong community infrastructure, Shop 3 aligns with long-term investment security and operational versatility for varied occupiers.
This strata holding is ideally suited for specialty retail, allied health, food services, or professional consulting, supported by the suburb’s robust demographic and continued gentrification. Being moments to the foreshore and set amidst strong community infrastructure, Shop 3 aligns with long-term investment security and operational versatility for varied occupiers.
| Sale Type | Investment | APN/Parcel ID | 15\PS642787 |
| Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 15\PS642787 |
Description
Shop 4 is a well-positioned ground-floor strata retail space within a contemporary mixed-use development along Altona’s busiest commercial spine. Featuring a functional, open-plan layout complemented by full-height glass frontage, this property achieves maximum street exposure and natural light, creating a desirable environment for retailers, service operators, or boutique hospitality concepts (STCA).
The property enjoys seamless accessibility with Altona Station just a short walk away and ample parking in the immediate area. Located in a precinct benefitting from sustained residential growth and strong local visitation to Altona Beach, Shop 4 is underpinned by demographic resilience and strong business visibility within this thriving bayside suburb.
The property enjoys seamless accessibility with Altona Station just a short walk away and ample parking in the immediate area. Located in a precinct benefitting from sustained residential growth and strong local visitation to Altona Beach, Shop 4 is underpinned by demographic resilience and strong business visibility within this thriving bayside suburb.
Sale Notes
Shop 4 represents a highly attractive opportunity for entry-level investors or ambitious owner-occupiers to secure a position in one of Melbourne’s most vibrant inner bayside retail strips. This strata asset delivers standout positioning on Pier Street—a destination recognized for its eclectic retail village atmosphere, exceptional dining scene, and year-round foot traffic amplified by its proximity to key lifestyle attractions.
With gentrification, ongoing commercial investment, and continued population growth, Altona remains a compelling retail hub with consistently strong performance. This property offers long-term value prospects and flexibility across diverse end-user profiles, from boutique retail traders to professional service consultancies.
With gentrification, ongoing commercial investment, and continued population growth, Altona remains a compelling retail hub with consistently strong performance. This property offers long-term value prospects and flexibility across diverse end-user profiles, from boutique retail traders to professional service consultancies.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 710 SF | Retail | Upon Request | - |
| Unit 3 | 710 SF | Retail | Upon Request | - |
| Unit 4 | 710 SF | Retail | Upon Request | - |
Unit 2
| Unit Size |
| 710 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit 3
| Unit Size |
| 710 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4
| Unit Size |
| 710 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 2
| Unit Size | 710 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 15\PS642787 |
| Description | |
| Shop 2 is part of a modern mixed-use strata complex strategically positioned in Altona’s thriving retail and lifestyle precinct. Located on the ground floor with high-profile street exposure, this strata-titled retail suite boasts a functional open-plan design ideal for a range of uses under the Commercial 1 Zone (C1Z), including boutique retail, specialty food, services, or showroom purposes (STCA).<br> The property provides excellent pedestrian and vehicular visibility on Pier Street—one of Altona’s main commercial spines—benefitting from strong local foot traffic and immediate access to public transport (including Altona Railway Station less than 150 metres away). The suite features durable finishes, full-height glazing for maximum natural light, and existing service provisions, offering adaptability for occupiers or immediate income for investors under a secure lease structure. Positioned within a precinct experiencing ongoing urban renewal and increased residential density, this property delivers strong fundamentals in a tightly held inner-bayside market.</li></ul> | |
| Sale Notes | |
| Shop 2 offers a prime retail investment opportunity within a high-demand coastal village setting. Located in Altona’s bustling heart, the property capitalizes on sustained retail trade supported by a growing residential catchment and robust visitation generated by proximity to Altona Beach and associated recreational amenity.<br> Immediate connectivity to Pier Street’s vibrant hospitality and specialty retail mix ensures consistent footfall and market visibility. This strata asset aligns with investor requirements for defensive income streams and owner-occupier ambitions for a boutique, brand-defining location. With Altona forecasted to benefit from strong population and infrastructure-led growth, Shop 2 represents a compelling, low-risk entry into Melbourne’s bayside retail market.</li></ul> |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 3
| Unit Size | 710 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 15\PS642787 |
| Description | |
| Shop 3 occupies a strategic ground-floor position within a modern mixed-use strata development in Altona’s thriving retail and dining strip. Set in a high-exposure location along Pier Street, this strata-titled premises features full-height glazing providing excellent natural light and brand visibility, coupled with a flexible internal layout suited to retail, cafe, or office usage under Commercial 1 Zoning (STCA).<br> With direct street frontage and high pedestrian flow, Shop 3 benefits from strong local demand drivers including proximity to Altona Beach, community services, and increased residential density in the surrounding precinct. Well serviced by public transport, the property sits less than 150 metres from Altona Station, ensuring strong connectivity to Melbourne CBD and surrounding inner-west hubs.</li></ul> | |
| Sale Notes | |
| Shop 3 presents a rare opportunity for owner-occupiers or investors seeking a boutique retail footprint in a premium bayside location. Positioned within Altona’s most prominent commercial spine, the property offers excellent exposure to both pedestrian and vehicular traffic, enhanced by the area’s lively hospitality, retail, and lifestyle amenity mix.<br> This strata holding is ideally suited for specialty retail, allied health, food services, or professional consulting, supported by the suburb’s robust demographic and continued gentrification. Being moments to the foreshore and set amidst strong community infrastructure, Shop 3 aligns with long-term investment security and operational versatility for varied occupiers.</li></ul> |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 4
| Unit Size | 710 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 15\PS642787 |
| Description | |
| Shop 4 is a well-positioned ground-floor strata retail space within a contemporary mixed-use development along Altona’s busiest commercial spine. Featuring a functional, open-plan layout complemented by full-height glass frontage, this property achieves maximum street exposure and natural light, creating a desirable environment for retailers, service operators, or boutique hospitality concepts (STCA).<br> The property enjoys seamless accessibility with Altona Station just a short walk away and ample parking in the immediate area. Located in a precinct benefitting from sustained residential growth and strong local visitation to Altona Beach, Shop 4 is underpinned by demographic resilience and strong business visibility within this thriving bayside suburb.</li></ul> | |
| Sale Notes | |
| Shop 4 represents a highly attractive opportunity for entry-level investors or ambitious owner-occupiers to secure a position in one of Melbourne’s most vibrant inner bayside retail strips. This strata asset delivers standout positioning on Pier Street—a destination recognized for its eclectic retail village atmosphere, exceptional dining scene, and year-round foot traffic amplified by its proximity to key lifestyle attractions.<br> With gentrification, ongoing commercial investment, and continued population growth, Altona remains a compelling retail hub with consistently strong performance. This property offers long-term value prospects and flexibility across diverse end-user profiles, from boutique retail traders to professional service consultancies.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
1 1
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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112-114 Pier Street
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