20 Fitzgerald Street, Portland, Vic 3305

$365,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
808 m²
Area

Last updated on Saturday, October 03, 2026 ( See property details for 20 Fitzgerald Street, Portland, Vic 3305)

$395,000

Allan Barrett Director Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated home on a large corner block with versatile industrial zoning, offering both comfortable living and future development potential in Portland.

🏡 Property Highlights

  • Renovated two-bedroom home with modern interiors
  • Leased property providing immediate rental income
  • Strategic corner block with dual access
  • Generous 813m² land size offering ample space
  • Versatile Industrial 1 Zoning with future development potential
  • Single garage with concrete floor suitable for storage or workshop

✨ Key Features

  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Pet-Friendly
  • Low-Maintenance Yard
  • Ensuite

Portland is a vibrant coastal town renowned for its rich history, scenic waterfront, and strong community spirit. It offers a mix of modern amenities and natural beauty, making it ideal for both lifestyle and investment. The area features strategic locations for business and development, with easy access to essential services and transport links. Portland’s growing demand ensures excellent prospects for long-term growth and capital appreciation. Enjoy a relaxed coastal lifestyle with opportunities for future expansion and commercial ventures.

What are the future development possibilities with the Industrial 1 zoning?
The Industrial 1 zoning allows for future commercial development (subject to council approval), operating a business from home, or long-term land banking in a high-demand area.
Is the property suitable for investment purposes?
Yes, the property is currently leased, providing immediate rental income, and offers potential for future development or capital growth.
What are the key features of the property’s interior?
The home features modern interiors, two bedrooms with built-in robes, and an open-plan living area designed for comfort and functionality.
What is the condition of the property?
The property has been thoughtfully renovated and is move-in ready, requiring minimal immediate maintenance.
Are there any restrictions or approvals needed for future development?
Future development plans are subject to council approval and compliance with local planning regulations, including the STCA (Subject To Council Approval) process.
Are there any hidden costs associated with the property, such as council rates or strata fees? What are the zoning restrictions and are there any easements or covenants affecting the property? Has the property been tested for flood or bushfire risks? Are there any planned developments or construction nearby that could impact the property? Is the property compliant with all local building and safety regulations? What are the terms of the current lease, and when does it expire? Are there any existing planning permits or approvals for future development? Is there any history of structural issues or repairs needed? What are the ongoing maintenance costs for the property and land? Are there any restrictions on operating a business from home on this site?

20 Fitzgerald Street, Portland, Vic 3305 - More Details

$365,000

Whether you’re an investor looking for a secure return or a business owner seeking a strategic location, 20 Fitzgerald Street offers a rare combination of modern living and industrial potential.

Renovated & Ready
This charming two-bedroom home has been thoughtfully updated throughout, featuring fresh modern interiors that ensure a comfortable lifestyle. The home is currently leased, providing immediate rental income for the savvy investor.

Strategic Corner Block
Situated on a generous 813m² corner allotment, the property offers dual access and plenty of space. The site includes a single garage with a solid concrete floor, perfect for storage or a workshop.

Industrial 1 Zoning
The standout feature is the Industrial 1 Zoning. This versatile classification opens up a world of possibilities, making it an ideal site for:

Future commercial development (STCA)
Operating a business from home
Long-term land banking in a high-demand area
Don't miss out on this unique opportunity to secure a renovated home with genuine commercial upside in the heart of Portland.

If you have any questions or to organise your inspection contact exclusive agent Allan Barrett on 0438660057 or the team at Seaview Real Estate on 0355233822
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
808 m²

Price guide

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