253-257 Victoria Street,
Abbotsford, VIC 3067
Shops & Retail • Offices • Development Sites & Land
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
253-257 Victoria Street
Abbotsford, VIC 3067
Map of 253-257 Victoria Street
SUBSTANTIAL CORNER FREEHOLD BUILDING WITH INCOME & HUGE DEVELOPMENT POTENTIAL
- Rental income $70,191 pa + GST
- High exposure corner
- Future development potential (STCA)
Gorman Allard Shelton is delighted to offer 253-257 Victoria Street, Abbotsford for sale by way of public auction on Thursday 1st December at 11am on-site.
This prime city fringe corner freehold offers purchasers the opportunity to secure a versatile showroom space with holding income and significant future owner occupier/development potential (STCA).
Key property features include:
* Land area: 406 sqm*
* Building area: 290 sqm*
* Rental Income $70,191 pa + GST + outgoings
* High exposure corner location with combined frontage to Victoria Street and Ferguson Street of 43+ metres
* Zoning: Commercial 1 Zone suitable for a variety of options
* Exceptional on-site parking for 8 cars
* Future development potential (STCA)
* Versatile improvements comprising a high clearance showroom with associated office space & warehousing
* Potential to create multiple tenancies and multiple income streams
The property is located immediately adjacent to North Richmond Train Station as well as multiple tram and bus services. In addition, the area benefits from a number of residential and commercial developments and is in close proximity to the Melbourne CBD.
This prime city fringe corner freehold offers purchasers the opportunity to secure a versatile showroom space with holding income and significant future owner occupier/development potential (STCA).
Key property features include:
* Land area: 406 sqm*
* Building area: 290 sqm*
* Rental Income $70,191 pa + GST + outgoings
* High exposure corner location with combined frontage to Victoria Street and Ferguson Street of 43+ metres
* Zoning: Commercial 1 Zone suitable for a variety of options
* Exceptional on-site parking for 8 cars
* Future development potential (STCA)
* Versatile improvements comprising a high clearance showroom with associated office space & warehousing
* Potential to create multiple tenancies and multiple income streams
The property is located immediately adjacent to North Richmond Train Station as well as multiple tram and bus services. In addition, the area benefits from a number of residential and commercial developments and is in close proximity to the Melbourne CBD.
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
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
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