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297 Victoria Street Abbotsford, VIC 3067

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297 Victoria Street,
Abbotsford, VIC 3067

Shops & Retail

Key property information

Land area

Floor area

Car spaces

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Map of 297 Victoria Street

Directions
  • Train stations within 5 km of 297 Victoria Street, Abbotsford, VIC 3067Distance
    North Richmond Station211 m
    Collingwood Station597 m
    West Richmond Station637 m
    Victoria Park Station1.2 km
    Jolimont Station1.2 km
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  • Tram stops within 5 km of 297 Victoria Street, Abbotsford, VIC 3067Distance
    20-Lennox St/Victoria St (Richmond)141 m
    19North Richmond Railway StationVictoria St Abbotsford186 m
    18-Hoddle St/Victoria St (Richmond)331 m
    18Hoddle StVictoria Pde Collingwood365 m
    21-Church St/Victoria St (Richmond)515 m
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  • Bus stops within 5 km of 297 Victoria Street, Abbotsford, VIC 3067Distance
    Victoria Pde/Hoddle St (Richmond)291 m
    Langridge StHoddle St Abbotsford375 m
    Cromwell StVictoria Pde Collingwood419 m
    York StHoddle St441 m
    Grey StHoddle St447 m
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POWERED BY HERE ©

TROPHY CORNER INVESTMENT IN THE HEART OF ABBOTSFORD

Teska Carson is pleased to present 297 Victoria Street, Abbotsford, for Private Sale.

An exceptional opportunity for any investor looking to acquire one of Abbotsford’s best properties.

Leased to a strong and established tenant, TungThit is a highly regarded and well-established operator within Melbourne’s vibrant dining scene, known for its authentic cuisine, loyal customer base, and consistent performance. With a strong reputation and proven trading history, TungThit represents a secure and reliable tenant, underpinned by the growth and popularity of the Abbotsford food and lifestyle precinct.

Key investment highlights:

- Current rental income: $150,818.18 p.a plus GST & Outgoings

- Lease Term: 8 Years (comm. 1 Feb 2021) 

- Options: 5 Years + 5 Years

- Built in growth – fixed 3% annual increases ensuring steady rental uplift

- Premium corner position with over 42 metres of frontage to  Victoria Street and Charles Street offering excellent exposure in one of Melbourne most vibrant retail and dining precincts.

This property offers an investor complete peace of mind with secure income, fixed rental growth, and a long-term lease covenant.

With Abbotsford’s booming residential and commercial activity, demand for high-profile retail assets in this tightly held strip is at an all-time high.

For more information or to arrange an inspection please contact our exclusive selling agents.

 

Abbotsford, 3067 demographic data

The median household income for Abbotsford is $2,197, 16% higher than Greater Melbourne's household income of $1,901. Abbotsford has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 61% of property owners in Abbotsford have a mortgage.

9,088
Population
$2,197 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households
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297 Victoria Street
Abbotsford, VIC 3067

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