Freehold Inner-City Warehouse Perfect for an Occupier with Short-Term Income & Upside
Stonebridge Property Group, in conjunction with Wilson Commercial, are pleased to present 10 Thompson Street, Abbotsford, offered for sale via Public On-site Auction.
10 Thompson Street is a freehold warehouse with short-term holding income but can be offered vacant possession. The property has substantial existing improvements and is on the cusp of the Melbourne CBD.
Key highlights of the property include:
- Existing improvements comprise a 605 sqm* office/warehouse with several access points including several large roller doors, clear span warehouse and modest office and internal amenity
- Substantial 618 sqm* landholding with rear access via laneway with significant scope for development upside (STCA)
- Zoned Industrial 1 (IN1Z) allowing for uses including but not limited to office/commercial, retail, warehouse or a clever combination (STCA)
- Expansive street presence with a frontage of 19 m* allowing for significant development efficiencies and/or retail activation noting the minimal distance to the retail strip
- Solid brick building may allow lightweight construction of an extension and/or additional building (STCA)
- Situated in the highly active eastern end of Abbotsford with immediate access to Carlton United Brewery & Carlton Brewhouse (50 m*), The National Hotel (75 m*), Supreme Coffee (250 m*), and Victoria Gardens Shopping Centre including IKEA, Coles, Kmart, Freedom and Rebel (600 m*)
- Strategically connected to the Melbourne CBD (1.8 km*) via Victoria Street Tram and bookended by Collingwood and Hawthorn Train Stations. Alternatively, access is also simple via accessible arterials Barkers Road (100 m*), Johnston Street (200 m*) or Eastern Freeway (1 km*)
- Immediate access to lifestyle amenity including Yarra River (300 m*), Studley Park (700 m*) and Yarra Boulevard
- Annual short-term rent of $90,336.48* net per annum, plus GST and Outgoings
10 Thompson Street, Abbotsford is for sale by Public On-site Auction Wednesday 12th June 2024 at 12:30PM (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and Wilson Commercial.
Stonebridge Property Group:
Max Warren
0488 296 892
Dylan Kilner
0459 396 341
Chao Zhang ??
0411 625 068
Wilson Commercial:
Adam Guest
0425 288 888
Alan Watson
0434 398 818
* Approximately
Property Code: 961