167 Victoria Ave 1,292 SF 100% Leased Retail Building Albert Park, VIC 3206 For Sale

This premier retail investment at 167 Victoria Avenue is located in one of Melbourne’s most coveted bayside precincts. Set in the heart of Albert Park’s thriving retail strip, the property benefits from strong pedestrian traffic and outstanding visibility along Victoria Avenue, which connects residents and visitors to a vibrant mix of established businesses. The two-story freehold site provides both steady income and long-term upside with future development prospects at the rear, appealing to investors and owner-occupiers alike.
Currently generating $86,500 in annual rental income, this asset delivers secure returns complemented by strong underlying land value. The property also features a substantial 6.5-meter retail frontage, rear lane access for flexibility, and a position in a bustling shopping and dining hub only minutes from Melbourne CBD. With stable market conditions and limited supply in this high-demand area, this offering represents a rare chance to secure a property in a tightly held bayside locale with significant capital growth potential.