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Gorman Commercial - Real Estate

611 Victoria Street Abbotsford, VIC 3067

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611 Victoria Street,
Abbotsford, VIC 3067

Hotel, Motel & Leisure

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Floor area

Tenure type

Private inspections

to arrange a private inspection.
Gorman Commercial - Real Estate
Jonathon McCormack
Peter Bremner

Gorman Commercial - Real Estate

415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial - Real Estate
611 Victoria Street
Abbotsford, VIC 3067

Map of 611 Victoria Street

Directions
  • Train stations within 5 km of 611 Victoria Street, Abbotsford, VIC 3067Distance
    North Richmond Station1.4 km
    Collingwood Station1.5 km
    West Richmond Station1.5 km
    Hawthorn Railway Station1.8 km
    Victoria Park Station1.8 km
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  • Tram stops within 5 km of 611 Victoria Street, Abbotsford, VIC 3067Distance
    23-Leslie St/Victoria St (Richmond)55 m
    23-Flockhart St/Victoria St (Abbotsford)92 m
    24-Burnley St/Victoria St (Richmond)195 m
    22-McKay St/Victoria St (Richmond)316 m
    25-River BVD/Victoria St (Richmond)467 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 611 Victoria Street, Abbotsford, VIC 3067Distance
    Caritas Christi HospiceStudley Park Rd876 m
    Walmer StStudley Park Rd880 m
    Yarra Bend Park/Studley Park Rd (Kew)1 km
    Hume StStudley Park Rd1.1 km
    Clarke StJohnston St1.3 km
    POWERED BY HERE ©
POWERED BY HERE ©

Serviced Apartment Investment in Abbotsford Leased to 2036

  • 4-level serviced apartment complex
  • Current net rent $2,160,926 p.a.
  • Comprises 51 apartments and 53 car parks
JLL Hotels and Hospitality Group and Gorman Commercial have pleasure in presenting 611 Victoria Street, Abbotsford for sale by Expressions of Interest closing Wednesday 24th April at 2pm.

Currently operating as Corporate Living Accommodation, the property is located within the thriving Victoria Gardens Shopping Centre precinct, nearby the Yarra River, and only 2.5 kilometres from the Melbourne CBD.

Features of this impressive investment property include:

- 4-level serviced apartment complex completed in 2014
- Comprises 51 apartments, 93 keys and 53 basement car parks
- Leased to Abbotsford Tenancy Pty Ltd until 31st July 2036
- Current Net Rent $2,160,926 pa with annual CPI rent reviews
- Entire complex has been recently extensively renovated throughout
- Located within Salta’s Green Square development
- Outstanding inner city Melbourne location with incredible nearby amenity and lifestyle options
- Passive and stable income stream with a long WALE

For Sale via Expressions of Interest Closing Wednesday 24th April 2024 at 2pm (AEST).

Property ID: 504552840Last Updated: 27 Mar 2024

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