227-229 Abbotsford Street,
North Melbourne, VIC 3051
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Jellis Craig Northern - BRUNSWICK
179 Sydney RdBRUNSWICK, VIC 3056
04171281...
227-229 Abbotsford Street
North Melbourne, VIC 3051
Map of 227-229 Abbotsford Street
Train stations within 5 km of 227-229 Abbotsford Street, North Melbourne, VIC 3051 Distance North Melbourne Station 660 m Macaulay Station 1.1 km 7-Flagstaff Railway Station/William St (Melbourne City) 1.4 km Flagstaff Station 1.5 km Kensington Station 1.6 km POWERED BY HERE ©Tram stops within 5 km of 227-229 Abbotsford Street, North Melbourne, VIC 3051 Distance 14-Queensberry St/Abbotsford St (North Melbourne) 57 m 14-Abbotsford St/Queensberry St (North Melbourne) 106 m 15-Arden St/Abbotsford St (North Melbourne) 130 m 13-Curzon St/Queensberry St (North Melbourne) 236 m 12-North Melbourne Town Hall/Queensberry St (North Melbourne) 364 m POWERED BY HERE ©Bus stops within 5 km of 227-229 Abbotsford Street, North Melbourne, VIC 3051 Distance Dryburgh St/Haines St (North Melbourne) 394 m Isentia Melbourne 404 m Abbotsford St/Haines St (North Melbourne) 427 m O'Shanassy St/Errol St (North Melbourne) 458 m North Melbourne Railway Station Spencer St 463 m POWERED BY HERE ©
POWERED BY HERE ©
Ultra-prominent freehold on vibrant city fringe
Placed in North Melbourne’s heritage-laced heart, this comprehensively updated commercial prize, currently leased to a long-term tenant, offers a landmark opportunity to secure blue-chip, inner city real estate with dependable income far into the future.
Currently occupied by a thriving financial services firm, lease details include:
-$150,000 +GST p.a. commencing on 01/07/2024 for five years
-Options for two additional, five-year terms (through to 2039)
-Market reviews upon conclusion of each term
-Yearly rent increases of up to 3% p.a.
-Tenant responsible for all outgoings (except any Land Tax)
Comprising a broad foyer, reception area, private offices, meeting/conference rooms, open cubicle areas, file storage, and break areas across a sleek and sophisticated, two-storey interior, the property makes clever use of its enviable rear frontage to Little Lothian Street, with a large loading dock, benefiting from container-height door clearance, ideal for staff parking or equipment storage.
Its location, zoning, footprint, and pair of frontages providing possibilities to repurpose in future and increase the block’s density (STCA), the landmark property sits centrally among North Melbourne’s famed culinary, retail, and afterhours scenes, with ever-energetic Errol Street just metres away. Rich with transport connections, trams, trains, and CityLink promise rapid access to the city centre and beyond, while Arden Street’s recreation centre and longstanding oval, Flemington Road’s major hospitals, the University of Melbourne, and Royal Park sit nearby.
Noteworthy points include:
- Land size: 245sqm approx.
- Mixed Use Zone (MUZ)
- Heritage Overlay (HO3)
- Long-term lease with dependable income
- Approx. 2.4km to Melbourne’s GPO
Currently occupied by a thriving financial services firm, lease details include:
-$150,000 +GST p.a. commencing on 01/07/2024 for five years
-Options for two additional, five-year terms (through to 2039)
-Market reviews upon conclusion of each term
-Yearly rent increases of up to 3% p.a.
-Tenant responsible for all outgoings (except any Land Tax)
Comprising a broad foyer, reception area, private offices, meeting/conference rooms, open cubicle areas, file storage, and break areas across a sleek and sophisticated, two-storey interior, the property makes clever use of its enviable rear frontage to Little Lothian Street, with a large loading dock, benefiting from container-height door clearance, ideal for staff parking or equipment storage.
Its location, zoning, footprint, and pair of frontages providing possibilities to repurpose in future and increase the block’s density (STCA), the landmark property sits centrally among North Melbourne’s famed culinary, retail, and afterhours scenes, with ever-energetic Errol Street just metres away. Rich with transport connections, trams, trains, and CityLink promise rapid access to the city centre and beyond, while Arden Street’s recreation centre and longstanding oval, Flemington Road’s major hospitals, the University of Melbourne, and Royal Park sit nearby.
Noteworthy points include:
- Land size: 245sqm approx.
- Mixed Use Zone (MUZ)
- Heritage Overlay (HO3)
- Long-term lease with dependable income
- Approx. 2.4km to Melbourne’s GPO
Property ID: 504657600Last Updated: 5 Sep 2024
Jellis Craig Northern - BRUNSWICK179 Sydney Rd
BRUNSWICK, VIC 3056
BRUNSWICK, VIC 3056