8-12 Greenwood Street, Abbotsford, VIC 3067

Industrial | Development/Land | Offices

Sold

  • Property ID: 442667
  • Floor Area: 285m²
  • Land Area: 390m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 17/04/2024 285m2 390m2 Contact Agent
INDUSTRIOUS MEETS DELICIOUS IN ABBOTSFORD'S CENTRE, AND WITH SUBSTANTIAL UPSIDE.

POINT OF INTEREST:

***Offers now closed and under review.***

Bucking the trend for Abbotsford industrial assets, this freehold title is completely vacant and, frankly, the only quiet one on the block. A 285 sqm* building is organised into clever warehousing and a small office component. Beyond the vast storage space for any e-commerce or trade businesses, it’s also ideal for personal use. There’s a kitchen, bathroom, shower facilities, and split system air-conditioning throughout the office space. There are also three on-site car spaces allocated here and off street loading / unloading capability, a golden rarity within a postcode like this one.

The Commercial 2 zoning affords significant future development opportunities and there’s already a proposal in with council for a permit in place for an exceptional office extension to nearly double the total building area and introduce a West facing balcony on it's top floor. This could become the building you always dreamed of. And most of that work has been done.

Quiet amongst the buzz, Victoria Parade’s nearby activity hums in the background, and so does Hoddle Street’s access to all domains of Melbourne just 100 m* away, connecting you to either the Burnley Tunnel or the Monash Freeway. Victoria Parade will take you west just outside of the CBD, and if you’re heading east, the Eastern Freeway is merely 1.4 km* from here. But when you zoom into Greenwood Street, the industrial warehousing and smaller residential outfits stay in their lane. Inner-city coffee roasteries and micro-breweries have boomed over the decade, but they have set up shop within only one district, solidifying Abbotsford as the reigning cool-industrial suburb.

- Freehold industrial property with plenty of upside.
- Sold with vacant possession.
- 285 sqm* total building area.
- Including 80m2 ground floor office & 80 sqm* 1st floor storage mezzanine.
- 4.8 metre internal warehouse height.
- 390 sqm* total land area.
- Commercial 2 zoning
- Three on-site car spaces.
- Current permit in with council for substantial extension to near double the size of the building area.
- 550 m* to Collingwood railway station.
- 200 m* to the Hoddle and Victoria Parade intersection.
- 1.7 km* to the CBD.

POINT OF VIEW:

So close to the CBD, but so far from the corporate vibe. Abbotsford offers industrial efficiency with inner-city accessibility, and a cultural opportunity to do business amongst the best restaurants, cafes, bars, and the factories that fill them.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate.
  • Car Spaces: 3 on site.
  • Condition: Excellent.
  • Air Conditioning: Yes
  • Floors: Carpet / Floor boards / Carpet
  • Lifts: NA
  • Height: 4.8 metres*
  • Car Parking Fees: Nil.
Abbotsford Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5844 $243 4.16%
Retail $7878 $405 5.15%
Offices $6195 $332 5.36%
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 Industrial 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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