Pace Development Group sells strata retail investment in Abbotsford’s St Crispin House

Pace Development Group has sold a strata retail investment on the ground floor of its recently completed St Crispin apartment complex in Abbotsford. The 250 square metre space, 249 Johnston Street, traded for $2.11 million to a South Australian. Leased to bottle shop Blackhearts and Sparrows for 10 years with fixed annual rises, the result

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Dustin Martin, Ralph Carr, find tenant for Abbotsford commercial investment

EXCLUSIVE Premiership footballer Dustin Martin (pictured, top, as part of a Bonds Living campaign), with his manager Ralph Carr, have found a tenant to occupy a recently acquired co-owned commercial investment, in Melbourne’s inner north east Abbotsford. The mixed-use building at 367 Victoria Street (pictured, below) was only offered for rent in June following a

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United Petroleum co-founder Eddie Hirsch launches leasing campaign for Abbotsford’s “greenest, cleanest” office

EXCLUSIVE United Petroleum co-founder Eddie Hirsch has engaged JLL as sole leasing agent for a proposed uber-green office in Abbotsford, about four kilometres north-east of the Melbourne CBD. The 10-storey building (artist’s impression, top) permitted for 218-228 Hoddle Street, on the north-east corner of Stafford Street, will contain 7000 square metres of lettable area and

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Zagame family offers prominent Abbotsford office for lease after swank refurbishment

EXCLUSIVE Five months after paying the Australian Education Union Victorian division $21 million for one of Abbotsford’s highest character buildings, the Zagame family is looking for occupiers. The c1927 red brick warehouse converted office at 112-124 Trenerry Crescent is available as a whole (4252 square metres) or on a floor-by-floor basis (with areas ranging in

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Peregrine Projects sells Carlton Brewhouse, in Abbotsford, for $10 million

Joseph Chahin’s Peregrine Projects has sold the Carlton Brewhouse for a speculated price of over $10 million. The land holding – spreading 2291 square metres – offers enormous development upside. It includes a 1035 sqm single-storey building, built in 1997, and an open-air car park. Leased until December 2019 to Carlton & United Breweries, whose

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Australian Education Union Spends $16 Million on Neighbouring Abbotsford Office

THE Victorian Branch of the Australian Education Union, presided by Mary Bluett, may need to rely on fee revenue from government educators to pay off a spectacularly located office building it has purchased on the banks of the Yarra River in Abbotsford – next door to its current HQ.

The AEU’s off-market acquisition comes three years after the Association of Independent Schools of Victoria paid about $6 million for a massive art-deco office complex in Rosslyn Street, West Melbourne, and some two years since the National Union of Workers paid almost $7 million for a Bourke Street, Docklands head office.

The AEU is headquartered at a large building at 112 Trenerry Crescent, and rents out surplus office space. That building could be extended, and the site has redevelopment potential, sources say.

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Century Old Abbotsford School Set to Become Apartments

IT WILL be the end of another era in Abbotsford when apartment builders redevelop the property known for more than a century as the St Joseph’s Technical School.

The prominent site at 73 – 103 Nicholson Street, at the intersection of Mollison and Little Charles streets, has sold for more than $9 million to a developer.

Operating between 1893 and 1990 under the auspice of the Christian Brothers, and more recently as a campus for Steiner school Sofia Mundi, the 4800 square metre inner-city site was offloaded by the Roman Catholic Trust Corporation for the Diocese of Melbourne.

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