401-407 Victoria Street, Abbotsford, Vic 3067

parkingSpaces 7
|Retail
|Land/Development
|Showrooms/Bulky Goods
Contact Agent
Published on: 21 May 2025
Last updated on: 23 May 2025
401-407 Victoria Street, Abbotsford, Vic 3067
401-407 Victoria Street, Abbotsford, Vic 3067
401-407 Victoria Street, Abbotsford, Vic 3067
+33
401-407 Victoria Street, Abbotsford, Vic 3067
  • 33
Property ID: 504866164
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Key property information

Land Size
958.00 m2
Floor Area
712.00 m2
Parking Spaces
7
Tenure Type
tenanted

INNER CITY LANDBANK WITH SECURE INCOME STREAM RETURNING $265,957 WITH 3.95-YEAR WALE!

401-407 Victoria Street, Abbotsford, Vic 3067
Jones Real Estate in collaboration with Stonebridge, are pleased to present 401-407 Victoria Street, Abbotsford to the market, For Sale via International Expressions of Interest closing Wednesday 18th June 2025 at 3pm (AEST). 

Located in one of Melbourne's most exciting and evolving precincts, Abbotsford, just moments from the CBD, this property offers endless potential for a variety of commercial uses. It is ideally suited to passive investors, value-add investors, owner-occupiers, and future developers. 

Key highlights of this opportunity include:

-	Positioned in one of Melbourne's most sought-after inner-city commercial precincts, this property boasts three separate street frontages to Victoria St (28m*), Albert St (34m*) and rear laneway access, making it highly desirable for future development potential.

-	Presented as 4 single-storey retail investment properties, this unique offering provides highly versatile and diversified income streams. The strategic design minimizes potential income loss during releasing periods.

-	The property offers a secure long-term lease with a WALE of 3.95 years, providing a stable income stream while Victoria Street, Abbotsford undergoes major gentrification, supported by Melbourne's forecasted population growth and shortages in inner city residential housing.

-	Occupying a prominent corner site of 958sqm*, the property offers a net saleable area of 712sqm*, with individual spaces ranging from 90sqm* to 392sqm*, making it attractive to a variety of business profiles.

-	The property includes seven on-site car parks, enhancing convenience and future leasing potential for tenants.

-	Serviced by the 109 and 78 tram lines and within walking distance to North Richmond and Collingwood Railway Stations, the property benefits from extensive public transportation options, ensuring easy access for both tenants and customers.

-	The local council supports developments up to 7 stories, presenting forward thinking investors & developers with the opportunity to capitalise on long-term growth and maximize returns through future development.

*Approx.


For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.


Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Property Details

Basic Info

Property Type
RetailLand/DevelopmentShowrooms/Bulky Goods
Listing Status
On Market
Parking Spaces
7
Land Size
958.00 m2
Address
401-407 Victoria Street, Abbotsford, Vic 3067

Floorplans and tours

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Luke Peric
Paul Jones
Level 13, 520 Collins Street, Melbourne, Vic 3000
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Contact Agent

Jones Real Estate - Australia

Level 13, 520 Collins Street, Melbourne, Vic

Luke Peric
Luke Peric
Paul Jones
Paul Jones

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street, South-Yarra, Vic

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      Property ID: 504866164

      Original Property ID: 504866164
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