SOLD
Sold on 24 Apr 2024 for $1,455,000

5-13 Little Charles Street
Abbotsford VIC 3067

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 1029m2
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Property Details for 5-13 Little Charles St, Abbotsford

Building Type
Commercial
Land Size
1029m2
Local Government
Yarra
Lot/Plan
2/LP40934

Last Listing description (November 2023)

Nelson Alexander Commercial are delighted to offer For Private Sale this once in a lifetime inner city opportunity. Consisting of two warehouses over separate titles on a large landholding with flexible mixed use zoning the options are limitless. Whether you want to buy one or buy both in terms of this city fringe location you can't go wrong. The freeholds are being offered for sale for the first time in almost 50 years. These properties will suit owner occupiers, investors and developers (STCA) and are being sold with vacant possession. This is a fantastic opportunity in a highly sought after location that we highly recommend.

Warehouse 1

5-13 Lt Charles St Abbotsford
Land Area 399m2 (approx.)
Building Area 330m2 (approx.)

Warehouse 2
15-21 Lt Charles St Abbotsford
Land Area 630m2 (approx.)
Building Area 610m2 (approx.)

Combined (Warehouse 1 & Warehouse 2)
5-21 Lt Charles St Abbotsford
Land Area 1,029m2 (approx.)
Building Area 940m2 (approx.)

Property Features:

Flexible Mixed-Use Zoning (MUZ)
Prime Inner-City Freehold
Suit Investors, Owner Occupiers & Developers
Opportunity to Buy One or Buy Both
Highly Sought After Abbotsford Location
Excellent Development Potential (STCA)
In close proximity to an abundance of retail and lifestyle amenity including an array of cafes, restaurants and bars as well as the picturesque Yarra River
Close to all public transport including Victoria Street trams and North Richmond Train Station
Fantastic freehold opportunity that we highly recommend!

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

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Property History for 5-13 Little Charles St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$1,455,000
24 Apr 2024
  • 24 Apr 2024
    Sold for $1,455,000
  • 27 Sep 2023
    Listed for Sale Contact Agent

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About Abbotsford 3067

The size of Abbotsford is approximately 1.8 square kilometres. It has 10 parks covering nearly 14% of total area. The population of Abbotsford in 2011 was 4,907 people. By 2016 the population was 8,193 showing a population growth of 67.0% in the area during that time. The predominant age group in Abbotsford is 20-29 years. Households in Abbotsford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Abbotsford work in a professional occupation. In 2011, 56.2% of the homes in Abbotsford were owner-occupied compared with 38.8% in 2016.

Abbotsford has 7,843 properties. Over the last 5 years, Houses in Abbotsford have seen a 23.49% increase in median value, while Units have seen a 5.58% increase. As at 31 August 2024:

  • The median value for Houses in Abbotsford is $1,325,087 while the median value for Units is $550,206.
  • Houses have a median rent of $740 while Units have a median rent of $600.
There are currently 46 properties listed for sale, and 22 properties listed for rent in Abbotsford on OnTheHouse. According to CoreLogic's data, 468 properties were sold in the past 12 months in Abbotsford.

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