28-52 Victoria Crescent, Abbotsford VIC

Colliers Melbourne City-Fringe Office & Industrial Teams are pleased to present for sale, 28-52 Victoria Crescent, Abbotsford.

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 26TH NOVEMBER AT 3PM.

Positioned prominently on the corner of Victoria Crescent and Gipps Street, this substantial commercial property represents a rare opportunity to acquire a high-profile asset within one of Melbourne’s most tightly held inner-city commercial precincts.

Strategically located within the highly sought-after Abbotsford commercial precinct, 28-52 Victoria Crescent presents a rare opportunity to acquire a substantial mixed-use office and warehouse asset with occupation, re-positing and value-add potential.

Key Property Highlights:

• 6,597m² building comprising office and warehouse improvements

• Significant 3,333m²* land holding with three street frontages (Victoria Crescent, Gipps Street and Little Nicholsons Street)

• Short-Term income of $1,350,000 per annum + GST & outgoings

• Lease Expiry: Dec 2028 – no option

• Rare opportunity for Occupiers, Value-Add investors and Alternate Use Developers (STCA)

• Favourable development upside with strong heigh precedence in the immediate area

• Highly sought-after Abbotsford location, minutes from Melbourne CBD and major arterials

• Surrounded by established amenity including Victoria Gardens and parkland

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 26TH NOVEMBER AT 3PM.

For more information on this outstanding opportunity, please contact the Exclusive Colliers Selling Agents below:

ALEX BROWNE 0418 350 545

BEN BAINES 0438 328 407

SCOTT ORCHARD 0425 760 712

BILLY KANAKIS 0497 798 384

Remember to mention you found this property on CommercialReady