90-94 Nicholson Street, Abbotsford, VIC 3067 | Property Value & History | OnTheHouse
 
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90-94 Nicholson Street
Abbotsford VIC 3067

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1301m2
Land area: 355m2
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Property Details for 90-94 Nicholson St, Abbotsford

Building Type
Commercial
Floor Size
1301m2
Land Size
355m2
Local Government
Yarra

Last Listing description (March 2022)

Exclusive agents, Colliers are delighted to offer 90-94 Nicholson Street, Abbotsford For Sale by Public Auction to be conducted on-site Wednesday 16th March 2022 at 10.30am (AEDT).

Opportunities such as this are truly unique and rarely offered to the open market especially when you consider the strategic and highly desirable Melbourne City Fringe location this property possesses.

Key features include:

Freehold titled, character filled two (2) level office building;
Prominently positioned with the Abbotsford Dress Circle nestled between Langridge Street and Gipps Street;
Large land area of 756m2 (approx.) with two street frontages of Nicholson Street and Little Nicholson Street;
Building area of 1,425m2 (approx.);
Highly functional office accommodation with a mix of open plan area, partitioned office and meeting rooms plus full staff amenities;
Expansive 19m (approx.) frontage to Nicholson Street and 19, rear frontage to Little Nicholson Street;
100% leased to Funlab who are diversified hospitality-driven entertainment company;
Lease expires 31st August 2023 with one (1) further option of three (3) years;
Current net effective income is $147,000 per annum (approx.);
Tenant pays all outgoings including single holding land tax;
Huge potential for considerable rental uplift in the future;
Desirable 5-Star NABERS Energy Rating;
350 metres (approx.) from the Collingwood Train Station;
Ease of access to major road arterials;
Suits all purchasing profiles being Investors, Developers and future occupiers;
For more information on this exciting opportunity, please contact the exclusive selling agents:

Colliers
Andrew Ryan +61 408 543 527
Peter Bremner + 61 412 326 942

*approx

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Property History for 90-94 Nicholson St, Abbotsford, VIC 3067

A timeline of how this property has performed in the market
Listed for Rent
$3.35k/w
08 Oct 2014
  • 08 Feb 2022
    Listed for Sale Please contact agent
  • 13 May 2014
    Listed for Rent - Price not available
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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 8,002 properties. Over the last 5 years, Houses in Abbotsford have seen a 0.30% increase in median value, while Units have seen a -3.81% decrease. As at 30 April 2026:

  • The median value for Houses in Abbotsford is $1,332,477 while the median value for Units is $539,645.
  • Houses have a median rent of $850 while Units have a median rent of $600.
There are currently 49 properties listed for sale, and 19 properties listed for rent in Abbotsford on OnTheHouse. According to Cotality's data, 411 properties were sold in the past 12 months in Abbotsford.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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