142 Johnston Street,
Fitzroy, VIC 3065
Offices • Shops & Retail • Other
Key property information
Land area
Floor area
Car spaces
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$200,478
Private inspections
to arrange a private inspection.
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
142 Johnston Street
Fitzroy, VIC 3065
Map of 142 Johnston Street
Train stations within 5 km of 142 Johnston Street, Fitzroy, VIC 3065 Distance Victoria Park Station 1.3 km Collingwood Station 1.4 km Parliament Station 1.5 km North Richmond Station 1.7 km State Library Station 1.8 km POWERED BY HERE ©Tram stops within 5 km of 142 Johnston Street, Fitzroy, VIC 3065 Distance 15-St David St/Brunswick St (Fitzroy) 222 m 17-Leicester St/Brunswick St (Fitzroy) 353 m 15-Johnston St/Nicholson St (Fitzroy) 406 m 19-Johnston St/Smith St (Fitzroy) 427 m 13Johnston Street 431 m POWERED BY HERE ©Bus stops within 5 km of 142 Johnston Street, Fitzroy, VIC 3065 Distance Brunswick StJohnston St Fitzroy 59 m LW Group 67 m Napier St/Johnston St (Fitzroy) 126 m Bell St Brunswick St 247 m Smith StJohnston St 435 m POWERED BY HERE ©
POWERED BY HERE ©
FORTHCOMING SALE | RENEWED LEASE TO THE COMMONWEALTH OF AUSTRALIA
- Defensive investment asset class
- Commonwealth Government tenant
- High exposure Fitzroy corner
CBRE is offering for sale 142 Johnston Street, Fitzroy representing a premium inner-city investment opportunity securely leased to The Commonwealth of Australia.
The property is fundamentally sound with multiple street frontages, flexible commercial 1 zoning, on-title car parking, modern office accommodation and income secured by the government.
Occupied as the electorate office for the Member for Melbourne, the property represents a "gold standard" defensive asset, offering long-term security, minimal management requirements and enduring appeal within one of Melbourne’s most tightly held commercial precincts.
Key details include:
+ Brand new, set-and-forget investment leased to a defensive tenant – The Commonwealth of Australia
+ Renewed 3-year lease, occupied as the electorate office of Sarah Witty MP, Member for Melbourne with a further option of 3 years to 2031
+ Net income: $200,478 p.a*
+ Prominent retail corner exposure to Johnston and Young Streets, providing excellent natural light and multiple points of egress and ingress
+ Immaculate fit out to the latest government standards, allowing for potential tax saving depreciation benefits for an incoming investor
+ Inflation Hedge: Annual CPI rental increases providing essential yield protection
+ Convenient and secure basement parking for two vehicles included on-title
+ Located 1.50 km* from the Melbourne CBD, benefitting from direct access to various forms of public transport via tram routes along Brunswick Street, Smith Street and Nicholson Street, and bus routes on Johnston Street
+ Fitzroy: Thriving inner metropolitan suburb located 1.1km* north of the Melbourne CBD with population forecast to surge 56.55% by 2046* City of Yarra: Vibrant inner metropolitan municipality that supports 98,000 local jobs and has a Goss Regional Product of $37.3 Billion*
FORTHCOMING SALE
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
The property is fundamentally sound with multiple street frontages, flexible commercial 1 zoning, on-title car parking, modern office accommodation and income secured by the government.
Occupied as the electorate office for the Member for Melbourne, the property represents a "gold standard" defensive asset, offering long-term security, minimal management requirements and enduring appeal within one of Melbourne’s most tightly held commercial precincts.
Key details include:
+ Brand new, set-and-forget investment leased to a defensive tenant – The Commonwealth of Australia
+ Renewed 3-year lease, occupied as the electorate office of Sarah Witty MP, Member for Melbourne with a further option of 3 years to 2031
+ Net income: $200,478 p.a*
+ Prominent retail corner exposure to Johnston and Young Streets, providing excellent natural light and multiple points of egress and ingress
+ Immaculate fit out to the latest government standards, allowing for potential tax saving depreciation benefits for an incoming investor
+ Inflation Hedge: Annual CPI rental increases providing essential yield protection
+ Convenient and secure basement parking for two vehicles included on-title
+ Located 1.50 km* from the Melbourne CBD, benefitting from direct access to various forms of public transport via tram routes along Brunswick Street, Smith Street and Nicholson Street, and bus routes on Johnston Street
+ Fitzroy: Thriving inner metropolitan suburb located 1.1km* north of the Melbourne CBD with population forecast to surge 56.55% by 2046* City of Yarra: Vibrant inner metropolitan municipality that supports 98,000 local jobs and has a Goss Regional Product of $37.3 Billion*
FORTHCOMING SALE
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Fitzroy, 3065 demographic data
10,431
Population
$2,194 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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