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398-400 Johnston Street Abbotsford VIC 3067

  • Development / Land
  • 1,214 m²
  • For Sale, Contact Agent

Landmark Development Opportunity in Booming Abbotsford

  • Prime City Fringe Location
  • Proposed Commercial 1 Rezoning
  • High Profile Site of 1,214sq m*

Savills is delighted to offer for sale this prime retail freehold located at 398-400 Johnston Street, Abbotsford, ideally situated within one of Melbourne’s most sought after city fringe locations. The property represents a unique opportunity to secure a freehold property in one of Melbourne’s tightly held city fringe retail precincts.

Key features of this outstanding opportunity include:
- Prominent landholding of 1,214sq m*
- Two street frontages totalling 60 metres*
- Combined net income of $188,880 per annum* + Outgoings & GST
- Close to Victoria Park Train Station, Johnston Street retail and Victoria Gardens Shopping Centre
- Easy access to Eastern Freeway and Hoddle Street and only 2.5km* from Melbourne CBD
- Currently zoned Commercial 2 with council proposed re-zone to Commercial 1
- Demolition clauses in place
- Proven city fringe location with endless options!

This retail freehold ideally suits owner occupiers, investors or forward-thinking developers alike, providing a rare opportunity to secure a boutique city fringe landholding. Accordingly we encourage prospective purchasers to actively consider this exceptional property.

For Immediate Private Sale

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
Nick Peden - 0402 011 266
Dorothy He - 0430 183 889


Supporting Documents

Supporting Document 1

Property Highlights

Property ID2014662909
Floor Area1,100 m²
Land Area1,214 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
Last updated  1 Nov 2018
Map for 398-400 Johnston Street Abbotsford VIC 3067
Savills Melbourne
Level 48, 80 Collins Street Melbourne VIC 3000

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