226 Nicholson Street, Abbotsford, VIC 3067 | Property Value & History | OnTheHouse
 
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226 Nicholson Street
Abbotsford VIC 3067

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 294m2
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Property Details for 226 Nicholson St, Abbotsford

Building Type
Commercial
Land Size
294m2
Local Government
Yarra
Lot/Plan
1/TP113990

Last Listing description (May 2018)

CBRE Hotels are pleased to exclusively present to market the Retreat Hotel, Abbotsford available as freehold vacant possession.
Investment highlights include:
Boasts double street frontage with flexible Neighbourhood Residential (RZ1 ) zoning

Includes General (1am) liquor licence with minimal trading restrictions
Fully permitted hotel featuring intimate public bar, rear dining room with open fire place, commercial kitchen as well as a large function room on first floor with multiple hotel rooms
To be acquired with working plant and equipment including commercial grade kitchen equipment
Perfectly positioned within close proximity to multiple public transport options, major Melbourne arterials and Melbourne tourist destinations
Major growth in surrounding area with over 1,000 apartments with either planning approval or under construction
Occupying a prime, corner position in a quiet residential position in leafy Abbotsford, the Retreat Hotel presents as an incredibly flexible opportunity for purchasers to either owner operate, re-lease or re-develop (STCA).

Open for inspection dates as follows:
Monday 5th February - 3.00pm to 3.45pm
Monday 12th February - 3.00pm to 3.45pm
Monday 19th February - 3.00pm to 3.45pm
Monday 26th February - 3.00pm to 3.45pm
Wednesday 28th February - 3.00pm to 3.45pm
Please feel free to contact the agents for an exclusive inspection if you cannot make these times.

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Property History for 226 Nicholson St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$2,651,000
02 Mar 2018
  • 02 Mar 2018
    Sold for $2,651,000
  • 30 Jan 2018
    Listed for Sale ON SITE AUCTION FRIDAY 2ND MARCH 2018 12.30PM AEDT
  • 04 May 2007
    Sold for $1,560,000
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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 7,996 properties. Over the last 5 years, Houses in Abbotsford have seen a 9.65% increase in median value, while Units have seen a 7.03% increase. As at 31 December 2025:

  • The median value for Houses in Abbotsford is $1,319,852 while the median value for Units is $559,413.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 34 properties listed for sale, and 19 properties listed for rent in Abbotsford on OnTheHouse. According to Cotality's data, 456 properties were sold in the past 12 months in Abbotsford.

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