City fringe office/warehouse and showroom.
GrayJohnson is pleased to offer for sale by expressions of interest this functional commercial freehold in Melbourne’s inner east.
Enjoying a high-profile position in busy Johnston Street, this versatile building has many possibilities for an owner-occupier. Alternatively, it is an opportunity for an investor or self-managed super fund.
Recent residential projects in Johnston Street, including St Crispin House and Argyle Apartments, point to the excellent long-term scope to redevelop on this site.^
> Modern office/warehouse of 440 sqm*
> Land area 410 sqm*
> Ground floor showroom plus first floor office
> High clearance warehouse with RSD access via rear road
> Rear on-site car parking
> Zoned Commercial 1
> Currently leased to Sheet Society at a rental of $68,958 pa Net
> Lease expiry: 31 July 2023
• High exposure in main road location
• Vibrant inner-east precinct
• Close to Victoria Park Station
• Excellent access to CBD and Eastern Freeway
• Shopping, eateries and parklands close by
Expressions of Interest closing Tuesday 30 August @ 2 pm