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Multi-unit Property

191 Nicholson Street

Abbotsford VIC 3067, Australia

- Parking
2321 m² Land size
$200,000 Last sale (1981)
Multi-unit Complex profile

About this property

yardizepropertyrecord
191 Nicholson Street is in Abbotsford, VIC and is presented as a Residential. The address refers to a multi-unit development set on a land parcel of 2,321 m² and built around 1864. The Park Hotel is a historic hospitality venue operating as a bar, restaurant, beer garden and provides upstairs accommodation Sold for $200,000 on 6 Nov 1981. The estimated weekly rent per unit is $952 per week

Key details

Locality
Abbotsford
State
VIC
Coordinates
37.80294311 / 144.99701332
GNAF PID
GAVIC410723915
Remoteness area
Metro
Property type
Residential
Land size
2321 m²
Built
1864 (original licence)
Internal area
500 m² (estimate per unit)
Unit land size
480 m² (estimate per unit)
Heritage overlay
None detected
Land Use Category
Residential

Commercial property information

The Park Hotel
Hospitality venue
Bar & Restaurant Hotel / Motel
Verified at this address

Business website and commercial listings confirm operation at 191 Nicholson Street.

Public house offering bar, restaurant, beer garden and upstairs accommodation.
Opening hours
Monday
Closed
Tuesday
4 pm–11 pm (bar), 4 pm–9:30 pm (kitchen)
Wednesday
4 pm–11 pm (bar), 4 pm–9:30 pm (kitchen)
Thursday
12 pm–late (bar), 12 pm–9:30 pm (kitchen)
Friday
12 pm–late (bar), 12 pm–9:30 pm (kitchen)
Saturday
12 pm–late (bar), 12 pm–9:30 pm (kitchen)
Sunday
12 pm–10 pm (bar), 12 pm–9 pm (kitchen)
Observed facts
Heritage Overlay
HO 313 (City of Yarra)
Year Built
1864 (original licence)
Renovation
Inter‑war (1930s) Moderne façade renovation

Market estimates

Based on curated rent estimate.

Expected weekly rent per unit
$952
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

Sales figures shown here are for individual units within the property, not the whole site.

EventDatePricePrice per m²
Sale
4 Sep 2017
Individual unit transaction; unit not specified in source.
Sale
6 Nov 1981
Individual unit transaction; unit not specified in source.
$200,000$416

Price per m² based on unit land size of 480 m².

Property insights

Building profile

  • The Park Hotel is a historic hospitality venue operating as a bar, restaurant, beer garden and provides upstairs accommodation Built year Collingwood Historical Society
  • Historic venue operating since 1864: Individually significant under City of Yarra Heritage Overlay HO 313
  • Built: 1864 (original licence)
  • Year built (original licence): 1864
  • Major renovation: 1930s inter‑war Moderne façade renovation

Property Features

  • Large‑group bookings with indoor and outdoor spaces, including a beer garden Theparkhotel.com.au
  • Bar and restaurant operating daily with extended hours and weekly specials
  • Upstairs accommodation offering hotel rooms for overnight guests
  • Contactable via telephone +61 3 9427 2030 and email park@theparkhotel.com.au

Recorded sales and leasing agents

  • Sold for $200,000 on 6 Nov 1981
  • Auction sale on 4 Sep 2017 (price undisclosed) Realcommercial.com.au
  • Marketing agent: Knight Frank – Eastern Office (agents Andrew Greenway & Paul Pellegrino)
Recorded sale agency (2017 sale)
Knight Frank – Eastern Office recorded for the 2017 sale
Recorded listing contacts
Andrew Greenway Paul Pellegrino

Real Estate Agencies

Ordered by:
Jellis Craig - Fitzroy
1.6 km
Jellis Craig - Northcote
3.9 km
Jellis Craig - Kensington
6.0 km
Jellis Craig - Stonnington
6.6 km
Jellis Craig - Richmond
1.7 km
Buxton - Port Melbourne
5.8 km
Kay & Burton - Stonnington
4.4 km
BigginScott - Richmond
2.2 km
Belle Property Armadale - ARMADALE
6.6 km
Belle Property - Carlton | Melbourne | North Melbourne
2.4 km
Fletchers Projects Rental - Melbourne
9.1 km
Little Real Estate - HAWTHORN
6.2 km
Buxton - Stonnington
5.8 km
Areal Property Hawthorn
5.3 km
McGrath - Blackburn
13.9 km
BigginScott - Stonnington
5.9 km
Ironfish Real Estate Melbourne - MELBOURNE
3.2 km
Belle Property - Doncaster East
14.4 km
LJ Hooker - City Residential Melbourne
3.7 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Sophia Mundi Steiner School
0.6 km
Combined school | Independent
Andale School
0.4 km
Special school | Independent
St Joseph's School
1.0 km
Primary school | Catholic
Collingwood College
1.0 km
Combined school | Government
Abbotsford Primary School
0.8 km
Primary school | Government
Clifton Hill Primary School
1.3 km
Primary school | Government
Collingwood English Language School
1.2 km
Special school | Government
St John's School
1.6 km
Primary school | Catholic
Fitzroy Primary School
1.4 km
Primary school | Government
Richmond West Primary School
1.2 km
Primary school | Government
Lynall Hall Community School
1.6 km
Secondary school | Government
Fitzroy High School
2.1 km
Secondary school | Government
Richmond High School - Griffiths Campus
1.7 km
Secondary school | Government
Academy of Mary Immaculate
2.0 km
Secondary school | Independent
Holmes Secondary School
2.3 km
Secondary school | Independent
Stott's College
2.6 km
Secondary school | Independent
Little Sophia Kindergarten
0.2 km
University of Melbourne Early Learning Centre
0.5 km
Gold Street Children's Centre - Keele Street
0.7 km
Yallabirrang Kindergarten
0.6 km
* Approximate straight-line distances

Frequently asked questions

How large is the land parcel?

The land size is reported as 2,321 m²

Built year Collingwood Historical Society
When was The Park Hotel originally built?

The hotel was first licensed and opened in 1864

Collingwoodhs.org.au
What heritage overlay applies to the property?

It is individually listed under City of Yarra Heritage Overlay HO 313

Collingwoodhs.org.au
How many floors does the building have?

The commercial listing records six floors

Realcommercial.com.au
What is the annual net rental return?

The property generates a net rental return of $83,340 per year

Realcommercial.com.au
Which suburb is the property located in?

The address is in Abbotsford, an inner‑city suburb of Melbourne, Victoria

En.wikipedia.org
What kind of property is this?

191 Nicholson Street is listed as Residential in Abbotsford, VIC

Built year Collingwood Historical Society
What building-wide details are listed?

191 Nicholson Street is described with land size of 2,321 m², built around 1864

Built year Collingwood Historical Society

Related profiles

Jump to the related profiles for 191 Nicholson Street, including the surrounding street and suburb pages.