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161 Bay St 1,722 SF of Retail Space Available in Port Melbourne, VIC 3207
Highlights
- Prominent frontage on bustling Bay Street with consistent pedestrian traffic.
- Surrounded by vibrant hospitality, retail, and residential developments.
- Accessible location near tram services, major roads, and Melbourne CBD.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,722 SF | Negotiable | $22.43 /SF/YR $1.87 /SF/MO $38,627 /YR $3,219 /MO | Triple Net (NNN) |
Ground
Located in the vibrant retail hub of Port Melbourne, 161 Bay Street offers a prime opportunity for businesses seeking strong exposure and versatility. This two-level property stands out along one of the suburb’s busiest commercial corridors, ensuring outstanding foot traffic and high visibility. The ground floor provides an adaptable space ideal for retail, boutique showroom, or office use, complemented by large street-front windows for product display or branding. The upper level features a self-contained dwelling with three rooms, a full kitchen, and a bathroom, meeting the needs of live-work arrangements or additional office capacity. Positioned within close proximity to Melbourne CBD and surrounded by a dense mix of residential, dining, and lifestyle amenities, this property ensures access to a thriving local customer base and seamless connectivity to major arterials, tram routes, and public transport. The location is well-suited for operators looking to establish or expand in one of Melbourne’s most sought-after neighborhoods.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Security System
- Prominent frontage on bustling Bay Street.
- Flexible layout.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,722 SF | Property Subtype | Storefront Retail/Residential |
| Property Type | Retail | Gross Leasable Area | 1,722 SF |
| Total Space Available | 1,722 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,722 SF |
About the Property
161 Bay Street is a two-story building positioned in Port Melbourne’s established retail strip. The property offers ground-floor accommodation for commercial operations and includes an upper-level residence with three rooms, bathroom, and a kitchen. Its location provides direct access to public transport options, nearby arterial roads, and the central business district. The immediate area includes a mix of commercial premises and residential dwellings along Bay Street.
- Air Conditioning
Nearby Major Retailers
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161 Bay St
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