|
Gorman Allard Shelton is delighted to offer 253-257 Victoria Street, Abbotsford for sale by way of public auction on Thursday 1st December at 11am on-site. This prime city fringe corner freehold offers purchasers the opportunity to secure a versatile showroom space with holding income and significant future owner occupier/development potential (STCA). Key property features include: * Land area: 406 sqm*
* Building area: 290 sqm*
* Rental Income $70,191 pa + GST + outgoings
* High exposure corner location with combined frontage to Victoria Street and Ferguson Street of 43+ metres
* Zoning: Commercial 1 Zone suitable for a variety of options
* Exceptional on-site parking for 8 cars
* Future development potential (STCA)
* Versatile improvements comprising a high clearance showroom with associated office space & warehousing
* Potential to create multiple tenancies and multiple income streams The property is located immediately adjacent to North Richmond Train Station as well as multiple tram and bus services. In addition, the area benefits from a number of residential and commercial developments and is in close proximity to the Melbourne CBD.
|
