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398 Johnston Street
ABBOTSFORD, VIC 3067

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Property Description

Dynamic Freehold Investment With Upside

  • 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

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Stuart Kennett

M: 0437 223 868
E: kennetts@fitzroys.com.au

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Property Information

Property ID
115274

Price
Contact Agent

Building
320.00m2

DocumentType
Brochure Pdf