Stonebridge Property Group is pleased to present 383 Johnston Street, Abbotsford, offered for sale via Expressions of Interest.
383 Johnston Street is a highly exposed and secure freehold building on the cusp of the Melbourne CBD.
The property consists of a dual-level freehold building plus rear land, which is accessed via a rear street and utilised as car parking.
There are also substantial development outcomes noting favourable planning controls for Johnston Street.
Key highlights of the property include:
- Existing improvements comprise an expansive 2-level office/warehouse on 383 Johnston Street offered vacant possession, and rear land is utilised for car parking and is ready for value-add or development (STCA)
- The office/warehouse building boasts 646 sqm* and is improved by a substantial fit-out, with immediate ability to occupy or refurbish
- Existing internal fit-out offers a ground floor with 5m* ceiling, expansive work areas, generous outdoor space with city views, and mezzanine areas overlooking the convent and Studley Park
- A substantial 693 sqm* freehold landholding has significant surplus land, providing untapped potential to value-add through development (STCA)
- Significant development upside noting the front title is zoned Commercial 1 with a mandatory height limit of 21 m* (7 levels) (STCA)
- Flexible dual street frontages to Johnston Street (12.5 m*) and Valiant Street (10.1 m*)
- 2 secure on-site car parks on Johnston Street, and 12+ car parks on the vacant land
- An ideal environment that will progress the business enterprises of owner-occupiers, yet suitable for land bankers, value-add buyers, and investors
- Building ideally suited to builders, construction groups, fit-out companies, engineers, architects, bulky goods, gyms, plumbers, electricians and hardware companies, and more
- Excellent education facilities nearby, 150 m* to University of Melbourne Early Learning Centre, Sophia Mundi Steiner School (550 m*), and Little Sophia Rudolph Steiner Kindergarten (300 m*)
- Situated in the highly active eastern end of Abbotsford with immediate access to Woolworths Metro (500 m*), IGA Local (450 m*), Dr Morse (550 m*), Lulie Tavern (600 m*), Victoria Park (650 m*), and Main Yarra Trail (600 m*)
- Strategically connected to the Melbourne CBD (3.6 km*) via Victoria Park Train Station (550 m*) and a nearby Johnston Street bus stop (50 m*)
383 Johnston Street, Abbotsford is for sale via Expressions of Interest closing Thursday 26th June 2025 at 2pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Max Warren
0488 296 892
Dylan Kilner
0459 396 341
Chao Zhang
0411 625 068
Chao Zhang : 0411 625 068 (WeChat ID: Chaozeee)
*Approximately
Property Code: 1305
