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398 Johnston Street Abbotsford, VIC 3067

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398 Johnston Street Abbotsford, VIC 3067

Shop & Retail • Showrooms & Bulky Goods • Offices
Sold Price

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Land area

404.0m²

Floor area

320.0m²

Tenure type

Tenanted Investment

Sold on

08 Mar 2018

Dynamic Freehold Investment With Upside

  • Rapidly Evolving City Fringe Location
  • Fully Refurbished Building
  • Returning $98,880 per annum

• Immaculately refurbished building located within the rapidly evolving Johnston Street precinct

• 4 x 4 year lease to well credentialed tenant trading as Uptick

• Lease includes re-development clause

• Returning $98,880 per annum plus outgoings and GST

• Land Area: 404sqm approx.

• Dual street frontage of 10.05 metres each to Johnston Street and Little Turner Street

• Bright, cutting edge building of 320sqm approx

• On site car parking at rear

• Currently zoned Commercial 2 with council proposed re- zone to Commercial 1

• Significant future re-development potential (stca)

• Located only metres from Victoria Park, Studley Park, Yarra River, Abbotsford Convent, Collingwood Children’s Farm along with various cafes and restaurants

• Short 400 metre walk to Victoria Park (Abbotsford) Railway Station

• Close to major arterial roads including Hoddle Street and Eastern Freeway

• Outstanding opportunity to invest in an exciting inner city location with excellent prospects for future capital growth

FOR SALE BY PUBLIC AUCTION - FRIDAY 2nd MARCH at 1pm on site

Additional information

Documents

Property ID: 502692982Last Updated: 30 Apr 2018

398 Johnston Street
Abbotsford, VIC 3067

Agency contacts

Fitzroys - Melbourne

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Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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Send to:

Stuart Kennett
Fitzroys - Melbourne
398 Johnston Street Abbotsford, VIC 3067

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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