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Investment Highlights

  • Prominent 12.19-meter street frontage along a high-visibility corridor.
  • Positioned within a growing urban renewal precinct with long-term value potential.
  • Zoned Commercial 1, offering versatile development opportunities (STCA).
  • Approximately 3 kilometers from Melbourne CBD with convenient transport connections.
  • Surrounded by established retail, residential community, beaches, and open parklands.
  • Close to Bay Street retail hub, Port Melbourne Beach, and Murphy Reserve.

Executive Summary

This exceptional landholding at 433 Graham Street offers a rare investment opportunity within one of Port Melbourne’s most dynamic urban renewal areas. Spanning approximately 414 square meters, the site features a prominent 12.19-meter frontage along Graham Street, providing ample visibility and ease of access for future projects. Located just 3 kilometers from Melbourne’s CBD, the property benefits from its position within an established retail and residential precinct on the doorstep of sustained urban regeneration.
The site is zoned Commercial 1, granting flexibility for diverse development outcomes, including mixed-use or commercial applications, subject to council approval. Its proximity to key lifestyle amenities such as Bay Street’s vibrant retail strip, Port Melbourne Beach, and Murphy Reserve adds to its longer-term appeal. Enhanced connectivity to major road arterials and public transport networks further strengthens its position for both investors and developers seeking a well-located project with future upside.
This opportunity represents one of the few remaining land sites in a high-demand bayside suburb that blends strong community fabric with excellent urban access.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.10 AC

1 Lot Available

Lot

Lot Size 0.10 AC

Vacant 414 sqm landholding with 12.19 m frontage on Graham Street, just 3 km from Melbourne CBD. Zoned Commercial 1, offering versatile development potential (STCA) in a high-demand bayside precinct near retail, parks, and Port Melbourne Beach.

Description

The site consists of a vacant land parcel measuring approximately 414 square meters located on Graham Street between Walter Street and Crichton Avenue in Port Melbourne. The property sits about 3 kilometers southwest of Melbourne’s Central Business District and lies within the City of Port Phillip municipality. Zoning is Commercial 1 under local planning regulations. The surrounding area contains mixed uses comprising residential dwellings, retail establishments, and urban renewal developments. Nearby amenities include Bay Street retail precinct, Port Melbourne Beach, and Murphy Reserve. Major streets in proximity include City Road and Williamstown Road, connecting to arterial routes into central Melbourne. Public transport and local service infrastructure are accessible from the immediate area.

  • Listing ID: 40326139

  • Date on Market: 4/29/2026

  • Last Updated:

  • Address: 433 Graham Street, Port Melbourne, VIC 3207

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