50-54 Grosvenor StreetAbbotsford VIC 3067
Property Details for 50-54 Grosvenor St, Abbotsford
Last Listing description (September 2019)
Fully refurbished commercial building of 8,145sqm* with 123 car spaces situated on a total landholding of 9,467Ssqm*
Net Income of $1,870,055 per annum*
Brand new 10- year net lease to Australia Post a government-owned corporation
Longstanding headquarters of Honeywell a global technology company
Significant future development potential to reposition the site into a high profile mixed use precinct (STPA)
Major frontage to the Yarra River providing picturesque views over a tranquil landscape
Strategic location within close proximity to the Victoria Gardens Shopping Centre, recreational reserves, all forms of public transport & an abundance of caf/dining options
EXPRESSIONS OF INTEREST NOW CLOSED
For further information, please contact the exclusive sales and marketing agents at CBRE Melbourne Middle Markets:
Mark Wizel
+61 409 809 868
Josh Rutman
+61 499 881 202
Julian White
+61 422 764 137
Lewis Tong
+61 421 870 833
*Approx.
Property History for 50-54 Grosvenor St, Abbotsford, VIC 3067
- 30 Aug 2019Listed for Sale Contact Agent
- 11 Oct 2018Sold for $37,280,000
- 01 Sep 2018Listed for Sale Not Disclosed
Recent sales nearby
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About Abbotsford 3067
The size of Abbotsford is approximately 1.8 square kilometres. There are 10 parks, covering nearly 14.0% of the 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 8,145 properties. Over the last 5 years, Houses in Abbotsford have seen a -1.65% decrease in median value, while Units have seen a -4.35% decrease. As at 30 June 2026:
- The median value for Houses in Abbotsford is $1,358,381 while the median value for Units is $545,058.
- Houses have a median rent of $850 while Units have a median rent of $610.
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