60 Nicholson Street, Abbotsford, VIC 3067 | Property Value & History | OnTheHouse
OFF MARKET

60 Nicholson Street
Abbotsford VIC 3067

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 54m2
Land area: 4278m2
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Property Details for 60 Nicholson St, Abbotsford

Building Type
Commercial
Year Built
2009
Floor Size
54m2
Land Size
4278m2
Local Government
Yarra
Lot/Plan
3/PS602491

Last Listing description (September 2015)

The Food/Cafe Culture is Amongst Us & This Is the Cafe That Started It All. Gone Are The Days Where Cafes Where a Simple Basic Food Experience. Today They Are Thriving & Successful Businesses In Highly Renovated & Desirable Property. The Best Not Only Stand Out with Their Food But Also The Quality & Presentation of Their Cafe Fitout. Arguably Three Bags Full Is The Best On Offer.
Our Cash Rate is The Lowest It Has Been Since The 1950's. There Has Never Been A Better Time To Purchase Property Which Yields A Significantly Higher Net Return Plus Capital/Land Improvements Than The Banks Can Offer. Bank On Property, Rather Than The Bank, With Long Term Highly Successful Tenants Such As This & Capitalise On The Potential We Are Offering Today.
We Are Pleased to Offer The Iconic Three Bags Full Cafe. Located in The Historic & Magnificent Denton Mills Redevelopment, This Cafe Tastefully Combines The Charm & Character of the Old Heritage Building With Modern Design Elements & Features On the Inside. This Cafe Was Built & Designed From Scratch From The Ground Up With No Expense Spared & This Is Evident Upon Inspection.

There Are No Better Investments Than This. Securely Leased On A 10 x 10 Year Lease That Commenced In May 2012. Current Rent 104,612.40pa + og's + gst. Area 172sqm* Plus 5 Cars. For Sale @ $2,000,000.

*Approx.

Property History for 60 Nicholson St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Last Sold
$2,488,000
01 May 2020
Listed for Rent
$725/w
23 Aug 2016
  • 01 May 2020
    Sold for $2,488,000
  • 20 Oct 2015
    Sold for $1,950,000
  • 13 Apr 2015
    Listed for Sale For Sale @ $2,000,000
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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, 458 properties were sold in the past 12 months in Abbotsford.

Suburb Insights for Abbotsford 3067

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.