Port Melbourne VIC 3207, Australia
Also written as Unit SL1, 55 Bay Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
SL1/55 Bay Street is a unit located on a substantial parcel of land measuring 7,160 m². The sizeable lot provides ample space for potential development or outdoor amenities
Port Melbourne lies about 3 km (2 mi) south‑west of Melbourne’s CBD, so SL1/55 Bay Street is only a short drive or walk from the city centre
The Graham St/Light Rail tram stop is roughly 0.5 km away, and the Beacon Cove light rail station is about 0.6 km distant. In addition, an extensive CDC Melbourne bus network serves the suburb, linking it to the CBD and surrounding areas
Bay Street runs directly in front of the property. Nearby thoroughfares include Beach Road (approximately 0.2 km away) and the main arterial routes of the West Gate and CityLink freeways that traverse Port Melbourne
The heritage‑listed Naval Drill Hall and former Post Office are just 0.1 km from the unit. Other historic structures such as the former Swallow & Ariell Biscuit Factory (0.3 km) and Jubilee Terrace (0.4 km) are also within easy reach
Bay Street’s well‑known restaurants and cafes are a short stroll away, and the Port Theatre, a former cinema now hosting events, is about 0.4 km from the property. The Hamptons Apartments hotel, offering additional dining venues, sits only 0.1 km away
Port Melbourne’s sporting culture includes venues such as North Port Oval, home to the local football and cricket clubs, which are within the suburb’s central area. The nearby waterfront and parks also provide opportunities for walking, cycling, and waterside recreation
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