Level GF, 481 Victoria Street,
Abbotsford, VIC 3067
Other
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Map of Level GF, 481 Victoria Street
PRIME MIXED-USE CORNER FREEHOLD WITH DEVELOPMENT UPSIDE (STCA)
Jones Real Estate is proud to present 481–485 Victoria Street, Abbotsford, For Sale via Private Negotiation.
This high-profile corner freehold offers a rare opportunity to secure a versatile mixed-use opportunity within one of Melbourne's most dynamic lifestyle precincts, combining two expansive ground-floor retail tenancies with two double-storey townhouses in a premium city-fringe location.
Situated along the iconic Victoria Street retail and dining strip, the property benefits from exceptional exposure within a bustling precinct surrounded by Woolworths, Dan Murphy's, Bunnings and popular eateries, while also offering significant future value-add and development potential up to seven (7) levels (STCA).
Key highlights include:
- Prominent corner freehold with 46m* combined frontage to Victoria Street and Cooke Street, plus 18m* R.O.W.
- Two expansive, double-storey townhouses, each comprising three bedrooms, 2.5 bathrooms, open-plan living, expansive balconies, and large, secure two-car garages.
- Two ground-floor retail tenancies totalling 336sqm* of gross building area, offering immediate income potential and future leasing flexibility.
- Offered with four individual titles, allowing exceptional flexibility for future resale, leasing, or development strategies.
- Zoned Commercial 1 (C1Z), providing flexibility for a wide range of future commercial, residential or mixed-use development outcomes (STCA).
- Positioned within a vibrant retail, dining and lifestyle precinct near Victoria Gardens, Richmond Traders, and The Hive Shopping Centre.
- Excellent public transport connectivity with tram routes 109 and 78, and walking distance to North Richmond (12min*) and Collingwood (15min*) stations.
- Close proximity to major arterials including Hoddle Street and the Eastern Freeway, ensuring seamless access to Melbourne's CBD and surrounding suburbs.
- Exceptional development upside, with potential to build up to seven (7) levels (STCA), unlocking additional value in a thriving inner-city growth corridor.
For further information or to arrange an inspection, please contact the exclusive selling agents at Jones Real Estate.
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.
This high-profile corner freehold offers a rare opportunity to secure a versatile mixed-use opportunity within one of Melbourne's most dynamic lifestyle precincts, combining two expansive ground-floor retail tenancies with two double-storey townhouses in a premium city-fringe location.
Situated along the iconic Victoria Street retail and dining strip, the property benefits from exceptional exposure within a bustling precinct surrounded by Woolworths, Dan Murphy's, Bunnings and popular eateries, while also offering significant future value-add and development potential up to seven (7) levels (STCA).
Key highlights include:
- Prominent corner freehold with 46m* combined frontage to Victoria Street and Cooke Street, plus 18m* R.O.W.
- Two expansive, double-storey townhouses, each comprising three bedrooms, 2.5 bathrooms, open-plan living, expansive balconies, and large, secure two-car garages.
- Two ground-floor retail tenancies totalling 336sqm* of gross building area, offering immediate income potential and future leasing flexibility.
- Offered with four individual titles, allowing exceptional flexibility for future resale, leasing, or development strategies.
- Zoned Commercial 1 (C1Z), providing flexibility for a wide range of future commercial, residential or mixed-use development outcomes (STCA).
- Positioned within a vibrant retail, dining and lifestyle precinct near Victoria Gardens, Richmond Traders, and The Hive Shopping Centre.
- Excellent public transport connectivity with tram routes 109 and 78, and walking distance to North Richmond (12min*) and Collingwood (15min*) stations.
- Close proximity to major arterials including Hoddle Street and the Eastern Freeway, ensuring seamless access to Melbourne's CBD and surrounding suburbs.
- Exceptional development upside, with potential to build up to seven (7) levels (STCA), unlocking additional value in a thriving inner-city growth corridor.
For further information or to arrange an inspection, please contact the exclusive selling agents at Jones Real Estate.
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.
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
Level GF, 481 Victoria Street
Abbotsford, VIC 3067
Jones Real Estate - AustraliaLevel 13, 520 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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