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Stonebridge Property Group - Melbourne

The District Abbotsford, 1-3 Bloomburg Street Abbotsford, VIC 3067

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The District Abbotsford, 1-3 Bloomburg Street,
Abbotsford, VIC 3067

Development Sites & Land • Warehouse, Factory & Industrial • Showrooms & Large Format Retail

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Key property information

Land area

Floor area

Car spaces

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Stonebridge Property Group - Melbourne
Dylan Kilner
Chao Zhang 张超
Max Warren

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
The District Abbotsford, 1-3 Bloomburg Street
Abbotsford, VIC 3067

Map of The District Abbotsford, 1-3 Bloomburg Street

Directions

Substantial 2,177 SQM* Landholding with Significant Improvements & Dual Street Frontages

  • Highly Flexible 1,925 sqm* Building
  • Owner Occupation Potential
  • Flexible Holding Income
Stonebridge Property Group is pleased to present for sale 1-3 Bloomburg & 2a Greenwood Streets, Abbotsford.

The property is a single title expansive warehouse and commercial building which provides frontages to both Bloomburg Street and Greenwood Street.

The property is adjoining the high-exposure junction of East Melbourne, Collingwood and Abbotsford and bookended by the Collingwood train station.

Key highlights of the property include:

+ Existing improvements comprise a multi-functional warehouse and separate commercial building with a total building area across both buildings of 1,925 sqm*

Despite one title, the property can be described as below.


1-3 Bloomburg Street - Warehouse

+ The building comprises a 1,445 sqm* warehouse complete with office accommodation, retail component, and saw tooth roof.

+ Offered with ten (10) off-street car parks a rare commodity in an inner-city precinct

+ Substantial 1,620 sqm* landholding with significant scope for development upside (STCA)

+ Expansive street presence with a combined frontage of 40.21 m* to Bloomburg Street allowing for significant development efficiencies and/or retail activation

+ Surplus land over car park may allow lightweight construction of an extension and/or additional building (STCA)

+ Offered with flexible short-term holding income until July-2024


2 Greenwood Street – Commercial Building

+ A dual level character brick commercial building comprising 480 sqm*

+ Offered with eight (8) off-street undercover car parks on title

+ Modern commercial fit-out which boasts a high retention rate noting no capital improvement is required

+ Expansive frontage to Greenwood Street of 27.34 m* noting further future retail activation could be possible

+ Strategic holding income to two tenants - Restless Entertainment & Foster Care Association of Victoria


Total Landholding

+ Situated in the burgeoning precinct of Abbotsford a precinct defined by converted warehouses, breweries, coffee roasters, bars, restaurants, and national tenants noting McDonalds (adjoining)

+ Strategically connected to the Melbourne CBD (1.7 KM*) via Victoria Parade, East Melbourne or Collingwood/Victoria Park Train Stations (175 m*).

1-3 Bloomburg & 2a Greenwood Streets, Abbotsford provides an opportunity to purchase a significant land parcel 1.7 km from the Melbourne CBD to occupy, landbank, re-purpose or develop (STCA).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren
0488 296 8...

Dylan Kilner
0459 396 3...

Chao Zhang 张超
0411 625 0...


*Approximately

Property Code: 780

Property ID: 504429420Last Updated: 6 Dec 2023

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