POINT OF INTEREST
Offering flexibility, exposure, and long-term growth potential, this standout property presentsa rare opportunity to secure a prime commercial holding in one of Melbourne’s most dynamic inner-city markets. Set on approximately 304 sqm* of commercial one zoned land, the site comprises a single-storey building of around 240 sqm*, perfectly suited for retail, office, or future mixed-use re-development. Its commanding corner position ensures excellent street presence and visibility along busy Johnston Street.
The property is surrounded by vibrant retail, dining, and lifestyle amenity, with Victoria Street, Smith Street and Victoria Park Train Station all within easy walking distance. Excellent access to major arterial roads and public transport further enhances the site’s strategic appeal. With ongoing growth and limited supply in Abbotsford, this is a rare opportunity to capitalise on strong market fundamentals and secure a position with enduring value and versatility.
A rare opportunity to secure a flexible inner-city freehold with strong upside and exceptional positioning.
POINT
• Ideal for retail, office or re-development
• Excellent access to major arterial roads and only 400 meters* to Victoria Park Train Station
• Walking distance to Smith Street & Victoria Street
• Total building area of 240 sqm*
• Total land area of 304 sqm*
• High profile corner site, with plenty of foot traffic
• Commercial 1 zoning
• Well-presented building, primed for an owner occupier seeking prime location
OF VIEW
LEASE DETAILS
Term: Three (3) years
Options: Two (2) further options to renew for Three (3) years each Rental amount: $79,200 plus GST per annum
Reviews: Fixed 4% increase
Outgoings: Payable by tenant as per the lease
Disclaimer: This report has been compiled on the basis of information available. Though efforts have been made to verify or establish the accuracy of all material, it is not possible to warrant that it is accurate. Some predictions are estimates only and necessarily based on assumptions which may not occur. All parties should make their own independent enquires with regard to all the information contained in this report. The report is intended to be general information only and will not form part of any contract nor is it to be taken as any form of any representation, warranty or inducement. The agents and representatives do not accept any responsibility for and will not be liable in respect of any of the contents of this report.
Craig McKellar 0431 892 780 craig.mckellar@cva.melbourne
Ian Angelico 0418 336 088 ian.angelico@cva.melbourne