8 Duke Street
Abbotsford, VIC 3067

This property at 8 Duke Street, Abbotsford presents a rare opportunity to acquire an inner-city warehouse located within a highly sought-after city fringe precinct. The area is experiencing significant growth, driven by numerous high-quality developments nearby, making this an excellent investment or development prospect.

The site offers a land area of 349 square metres, complemented by a building size of 330 square metres. The property benefits from an Industrial 1 zoning, which provides flexibility for various industrial and commercial uses. The street frontage measures 12 metres, enhancing the property's visibility and accessibility.

Currently, the property is offered with holding income, providing immediate returns for investors. Additionally, there is potential for future development or conversion, subject to council approval (STCA), allowing for value enhancement over time.

This warehouse is ideally positioned to capitalize on the ongoing urban renewal and infrastructure improvements in the Abbotsford area. Its proximity to Melbourne's central business district and major transport routes makes it a strategic location for businesses seeking a city fringe presence.

Potential buyers are encouraged to consider the long-term benefits of this property, whether for owner-occupiers looking for functional industrial space or investors aiming to benefit from capital growth and rental income.

For further information or to arrange a viewing, interested parties are advised to contact the listing agents directly. This property is offered for sale by public auction, providing a transparent and competitive purchasing process.