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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
481-485 Victoria Street Street, Abbotsford, VIC, 3067
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
