110 Ingles Street, Port Melbourne VIC 3207

Renovated heritage cottage | 3-bed two-storey | 83% site coverage | tight bayside block | walk to light rail and parkland | small footprint but well-finished | dual-level living on 111m² | heritage overlay limits expansion | strong rental yield potential | sun-filled interior with skylit staircase. This property stands out in Port Melbourne as a rare blend of original cottage character and contemporary finishes on a compact, fully utilised site. Its two-storey configuration delivers three bedrooms and two bathrooms within a 92m² footprint, which is competitively efficient for the suburb’s tighter inner-city housing stock. The heritage overlay signals enduring streetscape value, while the sun-filled setting, double glazing, and split-system heating and cooling on both levels suggest comfort has been prioritised. It is best suited to professionals, downsizers, or investors seeking a lock-and-leave home with strong walkability to Bay Street dining, light rail, South Melbourne Market, and parkland. The school zoning for South Melbourne Primary, Port Melbourne Secondary, and Albert Park College adds family appeal without requiring a larger land parcel. Value is shaped by the small lot size and high building coverage, which may limit future extension or redevelopment without significant planning effort. The heritage overlay may also restrict external changes, so a buyer focused on maximising floor area or adding a second car space should weigh these constraints carefully. Rental demand appears solid based on the configuration and location, with a potential yield around 3.4% that could improve if purchase price negotiates below the current listing. The ground elevation and lack of flood overlay reduce weather risk, but the tight site means outdoor space is minimal.