Development/Land | Industrial | Showrooms

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 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 inc...