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Executive Summary

168 Rouse Street occupies a prominent corner position at the intersection of Rouse Street and Nott Street in one of Port Melbourne’s most established and sought-after commercial and lifestyle precincts. This well-presented, modern commercial building is designed to provide high-quality retail or office accommodation, showcasing strong street visibility and accessibility for both businesses and customers. The property features a contemporary façade with large street-facing windows, delivering abundant natural light and exceptional signage opportunities. Internally, the spaces offer flexible layouts suitable for a variety of commercial uses, supported by modern finishes and essential amenities. Secure parking and client convenience are integral to the design, enhancing everyday operational ease.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,184 SF
  • Retail
  • $929,890 ($785.38/SF)
  • -
Sale Type Investment
APN/Parcel ID 117\PS500744
Description
Secure a modern, professionally styled retail/office space in one of Melbourne’s most desirable lifestyle precincts. Positioned on the prominent corner of Rouse Street and Nott Street in Port Melbourne, this 110 sqm property delivers outstanding visibility and easy customer access. The sleek internal presentation is perfectly suited to corporate offices or specialty consulting, supported by surrounding cafés, shops, and amenity-rich Bay Street. Located within walking distance of Port Melbourne Beach and Station Pier, the property enjoys excellent connectivity with quick access to tram services and major arterial roads. Offering a bright and contemporary layout, this commercial space combines convenience with prestige in a prime bayside setting.
Sale Notes
An exceptional blue-chip corner investment in the heart of Port Melbourne. This 110 sqm retail/office premises is underpinned by a brand-new 3-year lease to a publicly listed multinational company, returning approximately $80,500 per annum plus GST and outgoings, including land tax. Secure and predictable growth is assured with 5% annual increases, delivering robust long-term performance.

Occupying a highly visible corner of Rouse and Nott Street, this property benefits from premium exposure and proximity to Bay Street's bustling retail strip, Port Melbourne Beach, and Station Pier. Just moments from tram routes and major arterials, the location provides unmatched accessibility, adding to its appeal with tenants and investors alike. Offered for $1,250,000–$1,300,000, this low-maintenance asset represents the ideal SMSF acquisition or portfolio cornerstone—combining security, prestige, and enviable positioning in one of Melbourne’s most tightly held commercial markets.
Unit Unit Size Condo Use Price NOI
- 1,184 SF Retail $929,890 ($785.38/SF) -

-

Unit Size
1,184 SF
Condo Use
Retail
Price
$929,890 ($785.38/SF)
NOI
-

-

Unit Size 1,184 SF
Condo Use Retail
Price $929,890 ($785.38/SF)
NOI -
Sale Type Investment
APN/Parcel ID 117\PS500744
Description
Secure a modern, professionally styled retail/office space in one of Melbourne’s most desirable lifestyle precincts. Positioned on the prominent corner of Rouse Street and Nott Street in Port Melbourne, this 110 sqm property delivers outstanding visibility and easy customer access. The sleek internal presentation is perfectly suited to corporate offices or specialty consulting, supported by surrounding caf&#233;s, shops, and amenity-rich Bay Street. Located within walking distance of Port Melbourne Beach and Station Pier, the property enjoys excellent connectivity with quick access to tram services and major arterial roads. Offering a bright and contemporary layout, this commercial space combines convenience with prestige in a prime bayside setting.</li></ul>
Sale Notes
An exceptional blue-chip corner investment in the heart of Port Melbourne. This 110 sqm retail/office premises is underpinned by a brand-new 3-year lease to a publicly listed multinational company, returning approximately $80,500 per annum plus GST and outgoings, including land tax. Secure and predictable growth is assured with 5% annual increases, delivering robust long-term performance.<br> <br> Occupying a highly visible corner of Rouse and Nott Street, this property benefits from premium exposure and proximity to Bay Street&#39;s bustling retail strip, Port Melbourne Beach, and Station Pier. Just moments from tram routes and major arterials, the location provides unmatched accessibility, adding to its appeal with tenants and investors alike. Offered for $1,250,000–$1,300,000, this low-maintenance asset represents the ideal SMSF acquisition or portfolio cornerstone—combining security, prestige, and enviable positioning in one of Melbourne’s most tightly held commercial markets.</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.
Total Building Size 870,876 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 10
Typical Floor Size 65,886 SF
Tenancy Single
Lot Size 2.02 AC
  • Listing ID: 40487423

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 168 Rouse St, Port Melbourne, VIC 3207

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