34 Duke Street, Abbotsford, VIC 3067

Offices | Industrial

For Sale

  • Property ID: 441665
  • Floor Area: 468m²
  • Land Area: 174m²
  • Occupancy: Vacant
BEST CASE SCENARIO INNER CITY LOCATION + FLOORPLAN

POINT OF INTEREST:
Carlton and United Breweries, Moon Dog OG, and Dench Bakers — whether you’re into brews, breads, or breakout commercial moves, this is where the best in the business establish themselves for good. The architecturally designed building spans three levels, with the ground floor utilised for storage thanks to the roller door, whilst accommodating end-of-trip needs with separate bathroom and shower amenities. The first floor boasts an open plan blueprint with modern office space, and the second floor flexes a balcony, four partitioned offices, and a boardroom. Each level has air conditioning and toilets, and they also have a short term occupier — Challenge Networks who also lease out nearly 20 spaces from the nearby multilevel car park. The real draw card to Duke Street is what’s around it. You’re 300 m* from the Yarra city trail, 400 m* walk to Victoria Gardens, and around the corner from the 12 and 109 tram stop. Gyms are aplenty, but so are successful businesses — just on your block are the IKEA Warehouse, Honeywell, and Starpharma, and we haven’t even gone into coffee and sandwich spots.

- Brand new 1-year lease to Challenge Networks Pty Ltd
- Current rental $90,675 p.a + GST & outgoings from June 2024
- Suitable for investors and future owner-occupiers.
- 476 sqm* total building area.
- 160 sqm* ground floor lock-up garage for storage or vehicles with roller door.
- 154 sqm* across both the first and second floors.
- Solar power
- 174 sqm* total land area.
- Industrial 1 zoning.
- 1.3 km* to Hoddle Street and Victoria Parade.
- 1.9 km* to the Eastern Freeway.
- 2 km* to the Citylink.

POINT OF VIEW:
An address synonymous with foot traffic, industrial-chic, and the best knockoffs in Melbourne. Plus, when the Duke Street Block Party comes every March, your signage will get in front of every early-30s young professional in the inner city.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to short term lease
  • Car Spaces: Secure undercover on ground floor
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Concrete / timber- carpet first floor
  • Lifts: NA
  • Height: Various
  • Age: circa 2011
Outgoings
  • Council Rates: $4,741.55
  • Owners Corp. / Insurance: Not applicable
Abbotsford Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6195 $325 5.24%
Industrial $4447 $243 5.47%
Retail $7878 $405 5.15%
This is the average advertised price, rent and yield for Abbotsford, VIC 3067*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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