1 Port Street, Newport, Vic 3015

$800,000 - $850,000

House
Type
1
Bedrooms
1
Bathrooms
2
Parkings
557 mΒ²
Area

Last updated on Friday, June 19, 2026 ( See property details for 1 Port Street, Newport, Vic 3015)

$800,000 - $850,000

Taylor Romao Senior Sales Consultant | Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare large allotment in Newport's sought-after cul-de-sac, offering flexible development options and a comfortable leased residence, close to amenities and transport.

🏑 Property Highlights

  • Large 557m² allotment in a quiet cul-de-sac with substantial future development potential
  • Flexible site suitable for a new home build or multi-dwelling development (STCA)
  • Currently leased with a modest one-bedroom residence generating $1,256 PCM
  • Expansive block with a width of approximately 15.2m, offering versatile design options
  • Prime location close to Newport Village, cafes, schools, and transport links
  • Ideal for families or developers seeking a highly sought-after city-fringe address

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Waterfront / Views
  • Secure Parking
  • Home Office / Study
  • Ensuite
  • Air Conditioning
  • Dishwasher
  • Single Storey
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1 Port Street
Newport, VIC 3015
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Vertical aerial view β€” 1 Port Street
1 Port Street — Vertical Aerial  •  Newport, VIC 3015  •  Nearmap © 2026

Newport offers a vibrant community with a mix of historic charm and modern amenities. Residents enjoy easy access to cafes, shops, and transport, along with proximity to beaches and parks. The area is ideal for families and developers seeking a versatile, city-fringe lifestyle. Local schools, parks, and recreational facilities enhance the family-friendly appeal, while the evolving neighbourhood promises strong future growth. Its convenient location ensures a relaxed yet connected lifestyle for all residents.

What are the potential development options for this site?
The site offers potential for a new home build or multi-dwelling development (STCA), providing flexibility for both families and developers.
Is there existing income from the property?
Yes, the current residence is leased at $1,256 per calendar month, providing holding income while planning future developments.
What amenities are nearby?
The property is close to Newport Village, cafes, shops, Newport Train Station, schools, parks, and beaches, offering a highly convenient lifestyle.
Can I build a large family home on this allotment?
Yes, the generous size and width of the allotment make it suitable for designing and building a spacious family home.
Are there any restrictions or approvals needed for development?
Development is subject to council approval (STCA), and prospective buyers should consult local planning regulations for specific requirements.
Are there any zoning restrictions or easements affecting the property? What are the potential costs for council approvals and permits for development? Are there any existing structural issues or defects with the current residence? Is the property located in a flood or bushfire-prone area? Are there any upcoming planning or construction projects nearby that could impact the property’s value or lifestyle?

1 Port Street, Newport, Vic 3015 - More Details

$800,000 - $850,000

Type
House
Bedrooms
1
Bathrooms
1
Parkings
2
Area
557 mΒ²

Price guide

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