GrayJohnson is excited to present an exceptional opportunity to secure a high-profile showroom and warehouse in the heart of Melbourne’s inner east, with 244–248 Hoddle Street, Abbotsford.
Occupying a prominent corner position with dual street frontages to Hoddle and Turner Streets, the property enjoys outstanding visibility to one of Melbourne’s busiest arterial roads, offering businesses unrivalled exposure and signage potential.
Offered with vacant possession, the property also benefits from bonus rooftop income through a long-term lease to oOh! Media, providing annual income of $62,091.16.
The modern, versatile building of approximately 616 sqm sits on 683 sqm of land, with excellent access and a roller shutter door from Turner Street, 96 solar panels, and significant frontage of over 18 metres to Hoddle Street.
GrayJohnson Associate Director Rory White said the property presents a compelling opportunity for owner-occupiers and investors seeking to capitalise on its prime position and flexible layout.
“This is one of those rare city-fringe assets that ticks all the boxes, excellent exposure, strong passing traffic, and the ability to accommodate a wide variety of uses,” Mr White said. “It’s ideal for businesses seeking a statement address, whether in the home improvement, design, trade or showroom sectors. Add in the additional rooftop income stream and it’s a proposition that’s hard to overlook.”
GrayJohnson Director Matt Hoath said Abbotsford’s growing appeal and connectivity continue to attract strong buyer interest.
“Properties along Hoddle Street are tightly held, and for good reason. The location offers immediate access to the CBD and the Eastern Freeway while sitting within one of Melbourne’s most vibrant commercial and lifestyle precincts,” Mr Hoath said. “Opportunities like this don’t come up often, it’s a standout site with real presence.”
Expressions of Interest for 244–248 Hoddle Street, Abbotsford close Wednesday 12 November at 2pm.
