124 Abbott RoadHallam VIC 3803
Property Details for 124 Abbott Rd, Hallam
Last Listing description (May 2021)
Cameron is proud to offer for Sale this rare opportunity to secure a stand-alone building in the tightly held Hallam precinct.
Located in a prime location on Abbott Road, within close proximity to Princes Highway, South Gippsland Highway, and moments from the Monash Freeway, it provides brilliant access to multiple arterials.
Total Building Area: 2,035 sqm
Key features:
- Modern air-conditioned single level offices with, fitted with multiple office partitions, boardroom and entry foyer. Further to this is a large training / warehouse office area overlooking the warehouse.
- 1,480 sqm of high clearance warehouse serviced by multiple roller doors accessed via front driveway or side yard. Complete with LED lighting throughout and immaculately presented floors.
- Extensive staff amenities include large kitchen / lunchroom, small kitchen / tea point & multiple bathrooms
- Significant existing security system infrastructure, IT & data and large communications room
- Fenced with high steel picket fencing and motorised gates, complete with HID access.
- 31 car parks
- Currently tenanted by Engie until 1 September 2021. Returning $181,000 per annum. Can be sold with vacant possession.
This property provides a fantastic opportunity for an owner occupier to buy now and occupy in September or an investor to purchase with a short-term income with record low vacancy
Call Cameron, the exclusive agents for further information.
Property History for 124 Abbott Rd, Hallam, VIC 3803
- 25 May 2021Sold for $4,015,000
- 04 May 2021Listed for Sale $3,720,000 + GST
- 03 Sep 1999Sold for $226,000
Recent sales nearby
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About Hallam 3803
The size of Hallam is approximately 8.3 square kilometres. It has 30 parks covering nearly 6.4% of total area. The population of Hallam in 2016 was 10852 people. By 2021 the population was 11355 showing a population growth of 4.6% in the area during that time. The predominant age group in Hallam is 20-29 years. Households in Hallam are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hallam work in a trades occupation.In 2021, 70.50% of the homes in Hallam were owner-occupied compared with 71.60% in 2016.
Hallam has 5,978 properties. Over the last 5 years, Houses in Hallam have seen a 31.68% increase in median value, while Units have seen a 24.49% increase. As at 31 December 2025:
- The median value for Houses in Hallam is $819,485 while the median value for Units is $573,305.
- Houses have a median rent of $560 while Units have a median rent of $500.
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