Modern Abbotsford Freehold with Development Upside

EOI - 1E Marine Parade, Abbotsford

Development/Land (Offices, Medical), Offices, Showroom, Medical


Property ID: 16318
Price: Contact Agent
Building: 854m²
Land: 608m²
Zoning: Industrial Zone 3
11/06/2020 03:00 PM
Add to Calendar 11/06/2020 03:00 PM 11/06/2020 03:00 PM Australia/Melbourne EOI - 1E Marine Parade, Abbotsford Modern Abbotsford Freehold with Development Upside Ryan Milivojac false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960


CVA Property Consultants are pleased to offer 1E Marine Parade, Abbotsford for private sale.

This modern three level commercial office building of 854m2* is set on a generous freehold site of 608m2*, in a sought after eastern city fringe location just 2.5km* from the Melbourne CBD and is being offered with vacant possession.

Further enhancing this opportunity, the property is offered with planning approval from the City Of Yarra (No. PLN17/0959) for a 7 level commercial office development plus basement car park. The proposed development features 3,800m2* of GFA including basement car park incorporating ground floor cafe/retail tenancy, end of trip areas and 6 levels of high quality light-filled office space. Total NLA is approximately 2,596m2*.

1E Marine Parade, Abbotsford is located 600m* from Collingwood train station, 750m* from Victoria Park train station, and is within walking distance of various tram services along Victoria Street and bus services along Johnston and Hoddle Streets. The property is also within close proximity to the Eastern Freeway and other major arterial roads.

Property features:
- Total building area 854m2*
- Site area 608m2*
- Secure basement car park for 15 vehicles
- Comprising of office & showroom areas with existing fitout
- Offered with vacant possession
- End of trip facilties and high quality amenities

Development features:
- 7 levels plus basement
- 3,800m2* GFA
- 2,596m2* NLA (office + cafe/retail)
- Secure basement car parking for 23 vehicles
- Exceptional end of trip faciltiies including bike storage and showers

Pricing excludes GST

Additional Info

AgeCirca 20 years
Air ConditionerDucted reverse cycle plus split systems
Car Spaces15 secure basement car spaces
FloorsTimber, tile and carpet
Height3m - 6.5m
Permits IssuedYes
Roller DoorsYes - motorised
Suitable DevelopmentCommercial Office
ZoningIndustrial Zone 3
Council Rates$9,701.79pa (approx)
Water Rates$1,411.80pa (approx)
Land Tax$6,095pa (approx)

Agent Details

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