273-275 Johnston Street, Abbotsford, Vic 3067

Unlimited potential - buy both or individually.

GrayJohnson is pleased to offer for sale by expressions of interest these retail properties in a standout location in Melbourne’s inner east. Enjoying a high-profile position in busy Johnston Street, these two properties have immediate appeal as premises for a range of businesses including hospitality, creative offices or retail/showroom. Thinking longer-term, recent residential projects in Johnston Street, including the nearby Pace in Abbotsford and Argyle Apartments point to the excellent scope to redevelop on this site^.
 
This section of Johnston Street is certainly on our radar as one to watch. 

The opportunity: 
• Standout location
• Total land area 400 sqm*
• Excellent rear access from generous laneway
• Long term scope to redevelop^
• Zoned Commercial 1

275 Johnston Street
• Retail shop and office
• Building area: 80 sqm*
• Land area: 126 sqm*
• Currently vacant
• Note: 275 Johnston Street can be purchased separately

273 Johnston Street 
• Two shops plus residential apartment
• Land area: 274 sqm*

• Shop 1: Area: 35 sqm*
• Short term income: $15,056 pa

• Shop 2: Area: 60 sqm*
• Vacant

• Residence 
• Current rental: $18,250 pa gross

• Note: 273 Johnston Street can be purchased separately

The location:
• Vibrant inner-east location
• Metres to Victoria Park Station
• Excellent access to CBD and Eastern Freeway
• Supermarkets, eateries and parklands nearby

Expressions of Interest closing Wednesday 16 October @ 2 pm

OFI -  Thursday 3 October @ 12 noon

*approx