The recent leasing of the former Weylandts showroom and warehouse building located at 200 Gipps Street including 1-7 Harper Street Abbotsford leased by Vinci Carbone Director Joseph Carbone. 

The property comprises a modern showroom/café/warehouse building which was extensively refurbished in 2013 providing an exceptional fitout. Positioned on an island site of 4,190 square metres bounded by Gipps and Harper Street, the building comprises a gross building area of 4,600 square metres with car parking provided on site. 200 Gipps Street (including 1-7 Harper Street) Abbotsford is conveniently positioned in an established mixed use area on the city fringe of Melbourne’s east only 2.5 kilometres* from the CBD. The property has excellent access to the major road networks including the Eastern Freeway and Citylink and is well serviced by an abundance of amenity including the Victoria Gardens Shopping Centre, Victoria Street retail strip, the Victoria Park football ground, the Abbotsford Convent Arts precinct and the lush parkland area of Studley Park and the Yarra River. The property also benefits from tram services along Victoria Street as well as Collingwood Train Station which is situated some 550 metres* from the subject property.

Ultra Football’s General Manager Matt Adams said  “Ultra Football will be a 4,600sqm premium retail experience store housing global brands such as Nike, Adidas, Puma & Mizuno”. The existing concept in Sydney has been identified as the best football retail execution in the world. In addition to the latest retail product, the concept will contain a football pitch, PlayStation lounge, café/restaurant and a barber providing a footballers dream home”

Vinci Carbone’s Director Joseph Carbone said it was extremely rare to be able to offer such a significant property holding within the city fringe of Melbourne on a long term lease given the number of commercial and mixed use developments currently under construction and in planning within a close proximity of the subject property. Most properties of this size and nature are often offered for lease with redevelopment clauses. Ultra Football have leased the property on a long term basis. The asking rental was in the order of $1,000,000 per annum plus outgoings. The agreed terms of the Lease are confidential. Our clients are local private investors who plan to landbank this asset for some time.

In relation to Ultra Football, Mr Carbone was delighted to have negotiated this leasing transaction during the COVID landscape and environment. He added Ultra Football are confident Melbourne will embrace their concept in this location given Melbourne’s title as the sporting capital of Australia.

To request a detailed analysis of the lease deal please email the leasing agent Joseph Carbone via the contact form below