Cushman & Wakefield Melbco is proud to exclusively present 294-296 Hoddle Street, Abbotsford, Melbourne's most exposed real estate site. This significant landholding is offered for sale
294296 Hoddle Street offers the potential for both owner occupiers and developers to create a modern commercial development benefiting from the local variety of cultural and community amenity that Abbotsford and Collingwood offer.
Located only 2 km from Melbourne's CBD, Abbotsford, and the adjoining suburb of Collingwood, have emerged as hugely popular city fringe locations for developers seeking to create new working environments. These have transpired as particularly popular areas for tenants within the Tech, Building and Advertising industries.
Exceptional Commercial Development Opportunity, Investment or Long-Term Land Holding
Substantial land holding of 1,864 sqm (approx.) A sprawling 46.30m frontage to Hoddle Street with over 330,000 people traveling past every day If location is key, this site ticks all of the boxes - 2km from Melbourne CBD, 130m from the Eastern Freeway, 200m to Victoria Park Train Station and 5 short stops to Melbourne CBD's Parliament Station Unmatched access to surrounding amenity Commercial 2 Zone (C2Z) Potential for both owner occupiers and developers to create a modern commercial development of up to 12 levels and 22,500sqm GFA Existing improvements include an open span retail showroom and warehouse with 10 on-site car parking spaces An established sitting tenant in occupation since 2012 Net annual rental from 1 October 2023 of $315,000 p.a. + GST + outgoings Leased to Swan Hardware for a further 4 years from 1 October 2023 (demolition clause exists with 21 months prior notice)
To arrange a private inspection please contact Cushman & Wakefield Melbco, the exclusive selling agents;
Daniel Wolman | +61 412 957 839 Marcus Neill | +61 452 405 782 Oliver Hay | +61 419 528 540 Leon Ma | +61 417 070 725