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37-41 Grosvenor Street (Corner Southampton Crescent)
Abbotsford VIC 3067
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Sold on 22 Mar 2024

37-41 Grosvenor Street (Corner Southampton Crescent) Abbotsford VIC 3067

  • Factory, Warehouse & Industrial
  • 985 m²
  • Sold

Abbotsford's Most Versatile Landbank Buy One or Buy All

  • High Quality AAA+ Fit-out
  • Holding Income Across All Titles
  • Suits Owner Occupiers

Stonebridge Property Group is pleased to present 37-41 Grosvenor Street, Abbotsford (corner Southampton Crescent).

37-41 Grosvenor Street is a high-profile corner landholding in a prime inner-city Melbourne precinct Abbotsford.

The total landholding will be sold as 3 separate lots which can be purchased individually or as a whole.

Noting the zoning and substantial planning reforms throughout the City of Yarra, there is scope to purchase to owner occupy or leverage a favourable development outcome now or with potential zoning changes.

Key highlights of the property include:

- Existing improvements comprise three multi-functional offices/warehouses with a total building area of 985 sqm*. The improvements are bolstered by various roller doors, modern and functional internal fit-outs, no capital improvement required and self-contained amenities across all buildings.

- 37 Grosvenor Street- Building size: 167 sqm*- Land size: 374 sqm*

- 39 Grosvenor Street- Building size: 348 sqm*- Land size: 369 sqm*

- 41 Grosvenor Street & 8 Southampton Crescent- Building size: 470 sqm*- Land size: 503 sqm*

- Substantial 1,246 sqm* total landholding with significant scope for development upside and/or retail activation noting surrounding retail/showroom success (STCA)

- Zoned Industrial 1 (IN1Z) allowing for uses including but not limited to office/commercial, retail, warehouse or a clever combination (STCA), noting many new multilevel residential developments opposite on Grosvenor Street

- Expansive street presence with 36 m* of frontages to Grosvenor Street, plus 40 m* of northern frontage to Southampton Crescent, allowing for significant development efficiencies and/or retail activation

- Various surplus land may allow lightweight construction of an extension and/or additional building (STCA)

- Situated in the highly active eastern end of Abbotsford with immediate access to Supreme Coffee (opposite & adjoining), Carlton United Breweries (CUB), Yarra River Walk, and Victoria Gardens Shopping Centre (700 m*) including IKEA, Coles, Kmart, Freedom and Rebel

- Strategically connected to the Melbourne CBD (2 km*) via Victoria Street Tram and bookended by Collingwood and Hawthorn Train Stations. Alternatively, access is also simple via accessible arterials Barkers Road (100 m*), Johnston Street (200 m*) or Eastern Freeway (1 km*)

- Accompanied by 16+ rare car parks on-site

- Providing holding income across all titles

The property provides an opportunity to purchase a value-add headquarters for an expanding business/s or to secure the next city-fringe landbank opportunity in Abbotsford's most creative and burgeoning office, retail, and warehouse precinct.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren
0488 296 892

Dylan Kilner
0459 396 341

Chao Zhang
0411 625 068

*Approximately

Property Code: 829

Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold22 Mar 2024
Floor Area985 m²
Land Area1,246 m²
ParkingAsk Agent
Property ID2019024584
Category
Last updated  22 Mar 2024
Map for 37-41 Grosvenor Street (Corner Southampton Crescent) Abbotsford VIC 3067
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold22 Mar 2024
Floor Area985 m²
Land Area1,246 m²
ParkingAsk Agent
Property ID2019024584
Category
Last updated  22 Mar 2024

Co-Agents

Max Warren
Stonebridge Property Group VIC
Call
+61 488 296 892
Dylan Kilner
Dylan Kilner
Stonebridge Property Group VIC
Call
+61 459 396 341
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068

More about 37-41 Grosvenor Street (Corner Southampton Crescent) Abbotsford VIC 3067

37-41 Grosvenor Street (corner Southampton Crescent) Abbotsford VIC 3067 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 985 m² and a land area of 1,246 m². The listing ID for this property is 2019024584.

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