If you hop off at Newport station and travel down North Road you'll come to the water, and that's where I start my ride. You cycle past a park, if you go during the day you'll often see people playing baseball, and head towards the Strand.
The Strand has a lot of places to get an ice-cream, coffee, lunch or dinner. Before you come to the main shopping area there's an enormous jettison of boats and an amazing view of Melbourne's CBD from across the bay. The boat masts bob up and down with the wind, there's frenetic activity along the pier as people busy themselves getting ready for something, I just haven't figured out what, and dogs run up and down the long grass strips in utter abandonment. It's a beautiful ride. The Strand feels like a little village apart from the city.
If you keep going around the bay you'll arrive at Williamstown Beach which has a few, more expensive, restaurants scattered around. It's a great place to go swimming and to watch people kite-surfing. You'll see a few gargantuan boats either coming in to dock or far out in the distance, almost over the horizon.
If you're really keen you can cycle out in the early morning and watch the sun rise over the city of Melbourne. Otherwise keep cycling along Williamstown beach and you can watch the setting sun changing the colour of the sky, the waves and the clouds. It puts Melbourne in a whole new light.