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Dynamic Freehold Investment With Upside

398 Johnston Street, ABBOTSFORD VIC, 3067

For Sale

Property for Sale in 398 Johnston Street, ABBOTSFORD VIC, 3067

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000

Listing ID:
11282131
Status:
Active
For:
Sale
Last Updated:
20/02/2018
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Property Type

Retail/Showrooms/Bulky Goods/Offices
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Land Area

N/A
Icon size

Floor Area

320 SQM
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Parking

N/A

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

Open For Inspection This Wednesday (21/2): 11am - 11.30am

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

For more details, please email agent

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000

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