1E Marine ParadeAbbotsford VIC 3067
Property Details for 1e Marine Pde, Abbotsford
Last Listing description (February 2021)
POINT OF INTEREST:
CVA Property Consultants are pleased to offer 1E Marine Parade, Abbotsford for private sale.
This modern three level commercial office building of 854sqm* isset on a generous freehold site of 608sqm*, in a sought after eastern city fringe location just 2.5km* from the Melbourne CBD and is being offered subject to a lease to the Australian National Academy of Music Ltd (ANAM). ANAMis dedicated to training the most exceptional young classical musicians from Australia and New Zealand, and is the only professional performance training institute of its kind in Australia.
Investment features:
- Leased to Australian National Academy of Music Ltd
- Initial lease term of two (2) years and four (4) months commenced 01 September 2020
- Further lease term of one (1) year
- Rental income of $205,000 per annum plus outgoings plus GST (incl. Land Tax)
Property features:
- Total building area 854sqm*
- Site area 608sqm*
- Secure basement car park for 15 vehicles
- Comprising of office & showroom areas with existing fitout
- End of trip facilties and high quality amenities
Further enhancing this opportunity, the property is offered with planning approval from the City Of Yarra (No. PLN17/0959) for a 7 level commercial office development plus basement car park. The proposed development features 3,800sqm* of GFA including basement car park incorporating ground floor cafe/retail tenancy, end of trip areas and 6 levels of high quality light-filled office space. Total NLA is approximately 2,596sqm*.
Development features:
- 7 levels plus basement
-3,800sqm* GFA
- 2,596sqm* NLA (office + cafe/retail)
- Secure basement car parking for 23 vehicles
-Exceptional end of trip faciltiies including bike storage and showers
POINT OF VIEW:
1E Marine Parade, Abbotsford is located 600m* from Collingwood train station, 750m* from Victoria Park train station, and is within walking distance of various tram services along Victoria Street and bus services along Johnston and Hoddle Streets. The property is also within close proximity to the Eastern Freeway and other major arterial roads.
*Approx.
Pricing excludes GST
Property History for 1e Marine Pde, Abbotsford, VIC 3067
- 08 May 2020Listed for Sale Contact Agent
- 10 Sep 2007Sold for $1,925,000
Recent sales nearby
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About Abbotsford 3067
The size of Abbotsford is approximately 1.8 square kilometres. It has 10 parks covering nearly 14.0% of total area. The population of Abbotsford in 2016 was 8184 people. By 2021 the population was 9088 showing a population growth of 11.0% in the area during that time. The predominant age group in Abbotsford is 30-39 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 2021, 42.50% of the homes in Abbotsford were owner-occupied compared with 38.80% in 2016.
Abbotsford has 7,997 properties. Over the last 5 years, Houses in Abbotsford have seen a 6.97% increase in median value, while Units have seen a -2.11% decrease. As at 31 March 2026:
- The median value for Houses in Abbotsford is $1,375,541 while the median value for Units is $552,919.
- Houses have a median rent of $840 while Units have a median rent of $600.
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