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Fennell St - Port Melbourne Place 7,889 SF Flex Condo Unit in Port Melbourne, VIC 3207
Investment Highlights
- Prime location in Port Melbourne’s bustling commercial and lifestyle hub.
- Excellent connectivity to CityLink, West Gate Freeway, and Melbourne CBD.
- Modern design with on-site parking and easy customer access.
- Zoned Capital City Zone 1 (CCZ1) – supports retail, hospitality, office, and mixed-use (STCA).
- Close to Port Melbourne Beach, Station Pier, and Bay Street retail strip.
Executive Summary
Port Melbourne Place is a modern commercial and retail complex located in the heart of Port Melbourne’s vibrant lifestyle and business precinct, just minutes from Melbourne CBD. This premium location offers excellent connectivity via CityLink, West Gate Freeway, and major arterials, as well as convenient access to public transport, including tram routes along Bay Street and nearby bus services. The property is surrounded by a dynamic mix of cafés, restaurants, specialty retail, and professional services, creating a thriving environment for businesses and customers. Its proximity to Port Melbourne Beach, Station Pier, and the CBD enhances its appeal for both commercial and lifestyle-oriented uses. Zoned Capital City Zone 1 (CCZ1), the property allows for a wide range of uses, including retail, hospitality, office, and mixed-use development (STCA), making it an attractive option for investors and occupiers seeking a premium bayside address.
Property Facts
| Total Building Size | 43,583 SF | Floors | 2 |
| Property Type | Flex (Condo) | Typical Floor Size | 21,792 SF |
| Property Subtype | Flex | Lot Size | 8.69 AC |
| Building Class | B |
| Total Building Size | 43,583 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Flex |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 21,792 SF |
| Lot Size | 8.69 AC |
Amenities
- Courtyard
- Signage
- Reception
- Storage Space
- Air Conditioning
- Breakroom
1 Unit Available
Unit 39-41
| Unit Size | 7,889 SF | Sale Type | Investment |
| Condo Use | Flex | No. Parking Spaces | 15 |
| Unit Size | 7,889 SF |
| Condo Use | Flex |
| Sale Type | Investment |
| No. Parking Spaces | 15 |
Description
39-41 Fennell Street offers a high-quality industrial facility in the heart of Port Melbourne’s tightly held Fishermans Bend precinct, one of Melbourne’s most strategic city-fringe industrial and commercial hubs. The property comprises a total building area of approximately 773 m², featuring a functional warehouse with two container-height roller doors, 6.5m clearance, and three-phase power, complemented by a split-level office/showroom with an existing fitout.
The site provides parking for 15 vehicles and excellent connectivity to CityLink, West Gate Freeway, the Port of Melbourne, and Melbourne CBD, making it ideal for logistics, trade, and industrial operations. Zoned Capital City Zone 1 (CCZ1), the property is positioned to benefit from the ongoing Fishermans Bend urban renewal project, which is driving significant infrastructure and commercial growth in the area.
Sale Notes
39-41 Fennell Street, Port Melbourne, presents a rare opportunity to secure a high-yield industrial investment in one of Melbourne’s most tightly held and evolving precincts.
The property is leased to Secure Meters (Australia) Pty Ltd, the Australian subsidiary of global energy-technology company Secure Meters Limited, under a new five-year lease commencing 1 March 2026, returning $236,136 per annum net. This strong covenant provides secure income while positioning the asset for long-term capital growth.
Comprising a 773 m² building with a functional warehouse, two container-height roller doors, 6.5m clearance, and split-level office/showroom, the property offers flexibility for a range of industrial and trade occupiers. Additional features include three-phase power, existing office fitout, and 15 on-site car spaces.
Located in the Fishermans Bend urban renewal precinct, the property is surrounded by major occupiers and benefits from excellent connectivity to CityLink, West Gate Freeway, the Port of Melbourne, and Melbourne CBD. Zoned Capital City Zone 1 (CCZ1), this asset is ideally positioned to capitalize on significant future growth and infrastructure investment.
This is an outstanding opportunity to acquire a securely leased, high-performing industrial investment in a premium city-fringe location.
+9 More
Ground Floor Office Showroom
Ground Floor Office Showroom
First Floor Open Plan Office
First Floor Open Plan Office
First Floor Open Plan Office
First Floor Open Plan Office
First Floor Open Plan Office
Soaring High Ceilings and Abundant Natural Light
First Floor Partitioned Office
First Floor Partitioned Office
First Floor Kitchenette
169sqm High Clearance Warehosue
Container Height Roller Door
Large Ground Floor Kitchenette and Break Room
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Fennell St - Port Melbourne Place
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