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Gray Johnson - Melbourne

378-380 Johnston Street Abbotsford, VIC 3067

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378-380 Johnston Street,
Abbotsford, VIC 3067

Warehouse, Factory & Industrial • Offices • Showrooms & Large Format Retail

Key property information

Floor area

Parking info

Zoning

Tenure type

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Map of 378-380 Johnston Street

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The Complete Commercial Package

  • Modern office/warehouse of 440 sqm*
  • Land area 410 sqm*
  • Scope to redevelop in the future^
City fringe office/warehouse and showroom.

GrayJohnson is pleased to offer for sale by expressions of interest this functional commercial freehold in Melbourne’s inner east.

Enjoying a high-profile position in busy Johnston Street, this versatile building has many possibilities for an owner-occupier. Alternatively, it is an opportunity for an investor or self-managed super fund.

Recent residential projects in Johnston Street, including St Crispin House and Argyle Apartments, point to the excellent long-term scope to redevelop on this site.^

The opportunity:
> Modern office/warehouse of 440 sqm*
> Land area 410 sqm*
> Ground floor showroom plus first floor office
> High clearance warehouse with RSD access via rear road
> Rear on-site car parking
> Zoned Commercial 1
> Currently leased to Sheet Society at a rental of $68,958 pa Net
> Lease expiry: 31 July 2023

The location:
• High exposure in main road location
• Vibrant inner-east precinct
• Close to Victoria Park Station
• Excellent access to CBD and Eastern Freeway
• Shopping, eateries and parklands close by

Expressions of Interest closing Tuesday 30 August @ 2 pm

*approx
^STPA

Abbotsford, 3067 demographic data

The median household income for Abbotsford is $2,197, 16% higher than Greater Melbourne's household income of $1,901. Abbotsford has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 61% of property owners in Abbotsford have a mortgage.

9,088
Population
$2,197 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households

Gray Johnson - Melbourne

7/41 Exhibition Street
MELBOURNE, VIC 3000
Gray Johnson - Melbourne
378-380 Johnston Street
Abbotsford, VIC 3067

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