38 Grosvenor Street Abbotsford VIC 3067

Colliers Melbourne City-Fringe Sales Team are please to present 38 Grosvenor Street, Abbotsford, a high quality 100% leased passive investment with substantial value-add and alternate development potential (STCA), all while positioned on the Yarra River in the city-fringe suburb of Abbotsford.

For Sale by Expressions of Interest closing Wednesday 6th of December at 2pm.

• Prominent inner-city four level freehold car park comprising 472 cars
• Underlying landholding of 3,880m² with dual street frontages totalling 127m*
• 100% leased to a high-quality mix of National, Government and ASX listed tenants, including CUB, Starpharma and Australia Post.
• Varying lease profile provide opportunity for part owner-occupation, refurbishment or conversion (STCA)
• Perfect redevelopment/conversion opportunities including commercial office, retail or storage (STCA)
• Future re-zone potential, in line with nearby activity precincts
• Well connected to the Melbourne CBD and greater Melbourne via Victoria Street Tram, North Richmond Station and the Eastern Freeway
• Close proximity to major shopping centre Victoria Gardens, set to undergo a $900m expansion (1,679 apartments and 40,000m²+ commercial and retail)

For Sale by Expressions of Interest closing Wednesday 6th of December at 2pm

For more information, please contact the below exclusive Colliers selling agents:

Alex Browne | 0418 350 545
Ted Dwyer | 0411 312 165
Ben Baines | 0438 328 407

Colliers Asian Desk
James Zhuang | 0473 866 666