166 HODDLE STREET ABBOTSFORD
166 HODDLE STREET ABBOTSFORD
INTRODUCTION
Allard Shelton are pleased to offer for sale 166 Hoddle Street, Abbotsford.
This outstanding property comprises a total building area of 465 sqm* and benefits from an annual income of $98,345* (plus GST).
Located in one of Melbourn’s most popular inner-city suburbs, the property benefits from its proximity to Smith Street and Gertrude Street retail precincts and bustling Victoria Street.
The property is being offered for sale by Expressions of Interest closing Thursday 2 October at 2:00pm.
We strongly recommend this property for your consideration.
For further information or to arrange an inspection, please contact the exclusive agents:
Joseph Walton 0417 309 347
Tony Nguyen 0468 891 511
Bill Makris 0430 869 579
166 HODDLE STREET, ABBOTSFORD COMPRISES A DOUBLE-STOREY BUILDING, WITH RETAIL FRONTAGE TO BUSY HODDLE STREET AND ACCESS VIA REAR LANEWAY TO UNDERCOVER PARKING FOR 6 VEHICLES. IT OFFERS PLENTY OF UPSIDE AND POTENTIAL INCLUDING REFURBISHMENT, OWNER-OCCUPATION AND DEVELOPMENT (STCA).
LAND AREA
244 sqm*
SQUARE METRES
BUILDING AREA
465 sqm*
SQUARE METRES
ZONING
C2Z
COMMERCIAL 2 ZONE
FRONTAGES
9.86 metres* to Hoddle Street 10.18 metres* to Rear Laneway
CURRENT INCOME
$98,345pa*
PLUS GST & OUTGOINGS
CAR SPACES
6
UNDERCOVER PARKING
AGENTS
JOSEPH WALTON 0417 309 347
TONY NGUYEN 0468 891 511
BILL MAKRIS 0430 869 579
“Abbotsford is a proven commercial precinct, attracting innovative businesses with its cityfringe location, excellent transport links, and growing amenity base.”
LOCATION
166 Hoddle Street, Abbotsford is located east of Melbourne’s CBD within the popular inner-city suburb of Abbotsford. The property is located on the eastern side of Hoddle Street, between the intersections of Gipps Street and Johnston Street.
The property benefits from a location close to both Smith Street and Gertrude Street retail precincts and also Victoria Street, Richmond. All are thriving cityfringe areas which provide numerous restaurants, cafes, specialty retail and entertainment venues. The property is also within close proximity to the following landmarks and amenities;
- Melbourne Museum
- Fitzroy Gardens
- Yarra Bend Golf Course
- Studley Park Boathouse
- Australian Catholic University
ACCESSIBILITY
The property is situated in a prominent location on the fringe of the CBD and provides easy access to public transport facilities, including trams along nearby Victoria Street and Smith Street, buses on Hoddle Street and Johnson Street and trains and Collingwood Station, approximately 350 metres south of the property.
Further, the property is close to main arterial roads including the Citylink road network and The Eastern Freeway.
“Surrounded by bustling retail precincts, Abbotsford makes a savvy investment location”
IMMEDIATE PRECINCT
Strategically positioned near some of Melbourne’s most celebrated retail and hospitality precincts, the property enjoys immediate access to a vibrant mix of lifestyle, dining, and convenience offerings.
SMITH STREET – A Thriving Urban Hub
Recently voted one of the “coolest streets in the world” by Time Out, Smith Street is a cultural and retail hotspot that blends edgy local fashion, dining, and creative spaces.
Notable businesses include:
• Marion Wine Bar
Stomping Ground Brewery
• Messina Gelato
• The Smith Street Bistrot
Good Times Pilates
VICTORIA STREET – A Diverse Dining
Destination
Victoria Street is renowned for its authentic multicultural dining experiences. It also
benefits from high traffic volumes and excellent tram connectivity, making it a strong drawcard for hospitality and service operators.
Notable businesses include:
Pho Hung Vuong 2
• IKEA Richmond (corner of Victoria & Burnley Streets)
Bunnings Collingwood
• Victoria Gardens Shopping Centre (home to Coles, Kmart, Hoyts)
GERTRUDE STREET – Boutique Charm Meets
Artistic Flair
A boutique retail and dining destination known for its independent fashion labels, galleries, and acclaimed eateries.
Notable businesses include:
Cutler & Co.
• Aesop (flagship store)
Archie’s All Day
• Afghan Gallery
• Gertrude Glasshouse (Contemporary Art Gallery)
PROPERTY DESCRIPTION
166 Hoddle Street comprises a double storey building, primarily of brick construction, with a frontage to Hoddle Street and a rear laneway.
The property comprises a site area of 244 sqm* and a building area of 465 across two levels. Ground floor currently offers 2 large boardrooms and storage with access to rear undercover parking and the first floor provides open plan office space/work stations with large kitchen and toilet amenities.
BUILDING AREA
465 sqm*
SITE AREA
244 sqm*
STREET FRONTAGE
9.86 metres* to Hoddle Street and 10.18 metres* to rear laneway.
ZONING
The properties are situated in a Commercial 2 Zone, under the Yarra Planning Scheme, the main purpose of which is:
• To implement the Municipal Planning Strategy and the Planning Policy Framework.
• To encourage commercial areas for offices, appropriate manufacturing and industries, bulky goods retailing, other retail uses, and associated business and commercial services.
• To ensure that uses do not affect the safety and amenity of adjacent, more sensitive uses.
The property is also covered by the following overlays; Design & Development Overlay – Schedule 2
• Development Contributions Plan Overlay – Schedule 1
TITLE DETAILS
Lot 1 on Title Plan 702589H Volume 02473 Folio 469
TENANCY DETAILS
Lessee: Klopfer Dodos Pty Ltd
Permitted Use: Office
Rental: $98,345.43 per annum* (plus GST)
Lease Term: Three (3) years
Commencing: 15 May 2025
Further Terms: One (1) further terms of three (3) years
Rent Reviews: Annual 3% increase with Market Review at option
Outgoings: Payable by the Lessee with the exception of Land Tax
TERMS OF SALE
Method of Sale: Expressions of Interest
Date & Time: Closing Thursday 2 October 2025 at 2:00pm
Deposit: 10% on signing of Contract of Sale
Balance: 30/60 days from day of Sale
Inspections: By Appointment
AGENTS
JOSEPH WALTON 0417 309 347
TONY NGUYEN 0468 891 511
BILL MAKRIS 0430 869 579
DISCLAIMER
The information contained in this report is published by Allard Shelton Pty Ltd to assist potential purchasers in deciding whether or not they wish to make further enquiries with respect to the property and should not be used for any other purpose. It is not intended that any of the information contained in this report will constitute any representation or offer by the Vendor or by Allard Shelton Pty Ltd. On contrary, prospective purchasers should obtain their own advice and make their own enquiries to satisfy themselves as to the correctness of the information. In particular, all prospective purchasers should check and independently verify all descriptions, dimensions, references to conditions and necessary permissions for use and occupation and any related statements. Information in this report which has been provided to Allard Shelton Pty Ltd by others is passed on to prospective purchasers without any steps having been taken to independently verify the information and accordingly Allard Shelton Pty Ltd gives no warranty to its accuracy. This report is provided to the recipient on a confidential basis and is not to be re-supplied to any other person without the prior written consent of Allard Shelton Pty Ltd. The content of this report and the contract documents may be varied by subsequent versions. On the day of Sale prospective purchasers should check that they are satisfied with all documentation.