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Jones Real Estate is proud to present 481–485 Victoria Street, Abbotsford, For Sale via Public On-Site Auction on Thursday 21 August 2025 at 12:30pm (AEST).
This high-profile corner freehold offers a rare opportunity to secure a versatile mixed-use opportunity within one of Melbourne's most dynamic lifestyle precincts, combining two expansive ground-floor retail tenancies with two double-storey townhouses in a premium city-fringe location.
Situated along the iconic Victoria Street retail and dining strip, the property benefits from exceptional exposure within a bustling precinct surrounded by Woolworths, Dan Murphy's, Bunnings and popular eateries, while also offering significant future value-add and development potential up to seven (7) levels (STCA).
Key highlights include:
- Prominent corner freehold with 46m* combined frontage to Victoria Street and Cooke Street, plus 18m* R.O.W.
- Two expansive, double-storey townhouses, each comprising three bedrooms, 2.5 bathrooms, open-plan living, expansive balconies, and large, secure two-car garages.
- Panoramic views of Melbourne's CBD skyline and the leafy inner-east, enhancing lifestyle appeal and tenant desirability.
- Two ground-floor retail tenancies totalling 336sqm* of gross building area, offering immediate income potential and future leasing flexibility.
- Zoned Commercial 1 (C1Z), providing flexibility for a wide range of future commercial, residential or mixed-use development outcomes (STCA).
- Positioned within a vibrant retail, dining and lifestyle precinct near Victoria Gardens, Richmond Traders, and The Hive Shopping Centre.
- Excellent public transport connectivity with tram routes 109 and 78, and walking distance to North Richmond (12min*) and Collingwood (15min*) stations.
- Close proximity to major arterials including Hoddle Street and the Eastern Freeway, ensuring seamless access to Melbourne's CBD and surrounding suburbs.
- Exceptional development upside, with potential to build up to seven (7) levels (STCA), unlocking additional value in a thriving inner-city growth corridor.
For further information or to arrange an inspection, please contact the exclusive selling agents at Jones Real Estate.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
*Approx.
Remember to mention you found this property on CommercialReady
Jones Real Estate is proud to present 481–485 Victoria Street, Abbotsford, For Sale via Public On-Site Auction on Thursday 21 August 2025 at 12:30pm (AEST).
This high-profile corner freehold offers a rare opportunity to secure a versatile mixed-use opportunity within one of Melbourne's most dynamic lifestyle precincts, combining two expansive ground-floor retail tenancies with two double-storey townhouses in a premium city-fringe location.
Situated along the iconic Victoria Street retail and dining strip, the property benefits from exceptional exposure within a bustling precinct surrounded by Woolworths, Dan Murphy's, Bunnings and popular eateries, while also offering significant future value-add and development potential up to seven (7) levels (STCA).
Key highlights include:
- Prominent corner freehold with 46m* combined frontage to Victoria Street and Cooke Street, plus 18m* R.O.W.
- Two expansive, double-storey townhouses, each comprising three bedrooms, 2.5 bathrooms, open-plan living, expansive balconies, and large, secure two-car garages.
- Panoramic views of Melbourne's CBD skyline and the leafy inner-east, enhancing lifestyle appeal and tenant desirability.
- Two ground-floor retail tenancies totalling 336sqm* of gross building area, offering immediate income potential and future leasing flexibility.
- Zoned Commercial 1 (C1Z), providing flexibility for a wide range of future commercial, residential or mixed-use development outcomes (STCA).
- Positioned within a vibrant retail, dining and lifestyle precinct near Victoria Gardens, Richmond Traders, and The Hive Shopping Centre.
- Excellent public transport connectivity with tram routes 109 and 78, and walking distance to North Richmond (12min*) and Collingwood (15min*) stations.
- Close proximity to major arterials including Hoddle Street and the Eastern Freeway, ensuring seamless access to Melbourne's CBD and surrounding suburbs.
- Exceptional development upside, with potential to build up to seven (7) levels (STCA), unlocking additional value in a thriving inner-city growth corridor.
For further information or to arrange an inspection, please contact the exclusive selling agents at Jones Real Estate.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
*Approx.
Remember to mention you found this property on CommercialReady
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