Two Titles, Three Retail Shops

273, 273A & 275, Johnston Street, ABBOTSFORD, VIC, 3067

Save

400.00 m2

View Photos

Overview

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

*approx

Key Details

Status

For Sale

Type

Retail

Stay up to date

Property updates to your inbox

Commercial to the core

Our blog keeps you informed

Smart Café Investment

Mortgagee Sale – Shop 2, 7 Yarra Street, South Yarra South Yarra is a premier shopping and entertainment destination where hospitality, fashion and specialty retailers thrive. This property, currently leased

Showroom/Warehouse on Prominent Corner

244-248 Hoddle treet, Abbotsford – For Lease. High profile locations like this one don’t come along very often. Hoddle Street is one of the inner-east’s busiest thoroughfares offering excellent exposure

Their interests are our priority

Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

Peter Kirkpatrick

Charter Keck Cramer

To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

Egbert Pereira

EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

Trent O'Sullivan

Balance Advertising

I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

Armitage Jones

We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.