GrayJohnson is pleased announce the successful sale via EOI of 380 Johnston Street, Abbotsford for circa $3.2 million. Enjoying a high-profile position in busy Johnson Street, this versatile building appealed to a broad cross section of buyers including owner occupiers and value add investors.
Recent residential projects in Johnson Street highlight the excellent long-term scope to redevelop in this precinct.
Some of the key features included:
• Modern office/warehouse of 440 sqm*
• Land area 410 sqm*
• Ground floor showroom plus first floor office
• High clearance warehouse with RSD access via wide rear road
• Rear on-site car parking (on-grade)
• Current lease to Sheet Society at $68,958.48 pa expires 31 July 2023
• High exposure in main road location
• Excellent access to CBD and Eastern Freeway
• Shopping, eateries and transport close by
For more details on this city fringe sale transaction call Matt Hoath 0418 543 714 or Rory White 0439 655 504.