The Melburnian urban lifestyle is a warm and welcoming one, with locals strolling along the pavement, the sound of clinking glasses and the gentle hum of activity emanating from nearby cafes, bars and eateries.
This is the ‘experience’ that so many look to be a part of; the ‘aliveness’ and feeling of cool sophistication that suburbs such as Abbotsford create. This ‘experience’ is now an achievable reality in Abbotsford with convenience, recreation and an enjoyable lifestyle all at arms length, these factors by and large, contributing to the suburbs increase in demand over the years.
Similar to the local coffee shop, the rise of the suburban brewery has also contributed to Melbourne’s coffee, food and bar culture as they continue to draw people in by adding interest and uniqueness to an area. The Moon Dog Craft Brewery is exemplary of this and is Melbourne’s most renowned and iconic boutique brewery that is now being offered for sale through Teska Carson’s Matthew Feld and Michael Taylor.
Mr Feld commented on the property’s exceptional location that is within easy reach of every desirable amenity and it’s solid improvements and secure tenancy. "The property presents investors, as well as future owner-occupiers or developers, with an exceptional opportunity in a suburb which has become increasingly popular with both residential and commercial tenants seeking to take advantage of the fantastic lifestyle and business prospects that such locations offer. The solid brick building on 319 sqm has a generous 11 metre frontage to Duke Street and will be sold subject to a lease to Moon Dog on a new six year term at $49,347 per annum net.”
Abbotsford lies between the leafy environs of the Yarra River and Punt Road in a precinct which has proven increasingly attractive to a wide range of property investors, developers and owner-occupiers. This warehouse venue at 17 Duke street is ideally suited to all three, as it is only four kilometres from the CBD and within easy reach of public transport, freeways and numerous recreational and retail amenities, including the Yarra River.
Mr Taylor noted that population growth and demand for residential accommodation had also intensified competition for property investment and development opportunities in Abbotsford resulting in substantial growth in recent years with the construction of several new high profile residential and commercial developments.
The Moon Dog Brewery will be auctioned on Thursday, June 9 at 1pm on site. And no doubt it will be in front of a discerning crowd who are likely to raise both their glasses and their hands in competition for this inner city slice of ‘the place to be’. Cheers to that.