1 Port Street, Newport, Vic 3015

$800,000 - $850,000

House
Type
1
Bedrooms
1
Bathrooms
2
Parkings
557 m²
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 — 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

• 557sqm* allotment in a quiet cul-de-sac close to cafes, schools and shops

• An exciting opportunity for those seeking a large city-fringe site for a new-home build (STCA) or multi-dwelling development (STCA)

• Currently occupying the site is a modest one-bedroom residence

• Off-street parking

• Currently leased at $1256 pcm

Presenting an increasingly rare opportunity to secure a substantial allotment in one of Newport’s most tightly held and rapidly evolving pockets.

Positioned in a quiet cul-de-sac location, on an expansive allotment measuring approximately 15.2m* wide by 36.6m* deep (557m²* approx.), the property’s width immediately sets it apart from the majority of blocks in the area, opening the door to a range of exciting possibilities.

Whether you’re a family looking to design and build a forever home with generous proportions, outdoor space and flexibility or a developer seeking a site suited to a dual-occupancy (STCA), this is a proposition with genuine upside.

Currently occupying the site is a modest one-bedroom residence returning approximately $1,256 PCM*, providing holding income while future plans and permits are explored.

Ideally located within close proximity to Newport Village, Newport Train Station, Newport Lakes, Paisley Park, Sacred Heart Primary School, Newport Gardens Primary School and Bayside P-12 College.

This is an opportunity to secure size, flexibility and future potential in a highly sought-after lifestyle location.

Why you’ll love this location:

Ideally located for relaxed living and easy city access, this address hold endless lifestyle appeal.

Stroll to Elephant Café in six minutes* for a great morning coffee and walk to Challis Street in ten minutes* for the convenience of local shops, services and eateries.

Newport Village awaits four minutes* from home, offering gourmet grocers, cafes and shops, while proximity to Altona Gate Shopping Centre, Millers Junction and Williamstown ensures easy access to big-name shopping and a choice of supermarkets.

Walk to Newport Lakes for an immersive natural escape, enjoy a day on the green at nearby Altona Lakes Golf Course and enjoy easy beach days at Altona Beach and Williamstown Beach, both less than ten minutes* from your front door.

Families will appreciate the eight-minute* walk to Newport Gardens Primary School and Newport Gardens Early Learning Centre while city workers can catch the bus to Newport Station for regular CBD-bound trains.

*Approximate
Type
House
Bedrooms
1
Bathrooms
1
Parkings
2
Area
557 m²

Price guide

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