Position and Potential

2-4, Duke Street, ABBOTSFORD, VIC, 3067

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748 m2

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Overview

Commanding city-fringe industrial property on substantial landholding.

At GrayJohnson we’re excited about the opportunity to present for sale by Expression of Interest this industrial property offering a range of options to an owner-occupier, investor or developer.

As a refurbished warehouse/showroom it could suit tech or creative businesses, or become headquarters for a builder, online sales or logistics business. Alternatively, it represents a solid investment or development opportunity^ in an area already seeing significant commercial and residential development.

The opportunity:
• Prominent corner warehouse with first floor studio
• Building area: 748 sqm*
• Monthly lease to long-term tenant
• Land area: 713 sqm*
• Wide 24.4m* frontage to Duke Street – combined 53.3m* frontage
• Imposing building ripe for re-purposing^
• Undercover car parking for 4 car parks
• Zoned: Industrial 1

The location:
> Rapidly evolving area of Abbotsford
> Short walk to Victoria Street eateries, shopping and tram
> Close to Victoria Gardens shopping centre, home to IKEA, Hoyts and Nova Entertainment
> Just 3km* from Melbourne CBD

EOI closing Tuesday 25 October @ 2 pm

*approx
^STPA

Key Details

Status

Sold

Type

Industrial/Warehouse

Contact

Rory White

Associate Director (melbourne)

rwhite@grayjohnson.com.au

0439 655 504

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Their interests are our priority

Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

Peter Kirkpatrick

Charter Keck Cramer

To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

Egbert Pereira

EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

Trent O'Sullivan

Balance Advertising

I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

Armitage Jones

We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.