Colliers are pleased to present 363-365 Johnston Street Abbotsford, for sale by Public Auction. The property represents a unique, bite sized opportunity to re-develop or occupy in the heart of a tightly-held city-fringe precinct.
363-365 Johnston Street Abbotsford is situated on a corner Commercial 1 zoned site of 305m*, ripe for re-development given the prime location and favourable zoning.
The single storey building benefits from short-term income with improvements currently configured as mostly office however easily suited to a variety of uses. With the building set back from the popular Johnston Street, car parking is easily accessible at the front of the property, making it easy for staff or visitors.
Situated with strong profile to Johnston Street, the location is everything you could ask for in Melbourne city-fringe. It has close proximity to a variety of popular eateries, cafes, pubs, as well as parklands, public transport and access to major arterials. Abbotsford continues to evolve and is now considered one of Melbourne's most in-demand inner-city suburbs, only 2.5 kilometres from the Melbourne CBD.
FOR SALE BY PUBLIC AUCTION WEDNESDAY 25th MAY FROM 12NOON ON-SITE
Key highlights include:
Commercial 1 zoned corner site of 305m*
Flexible building of 230m*
Short-term income
Car parking for 4, accessible via Johnston Street
Strong potential to re-develop, with a variety of possible end uses (STCA)
Well-presented building, primed for an owner occupier seeking prime location with strong profile to popular Johnston Street
Highly sought-after Abbotsford location with almost immediate access to Victoria Park, Victoria Park train station, Johnston Street retail, Abbotsford Convent, Collingwood Childrens Farm, Hoddle Street, Eastern Freeway as well as Yarra River and the surrounding plethora of parkland
2.5* kilometres from the Melbourne CBD
*approximately
The size of Abbotsford is approximately 1.8 square kilometres. It has 10 parks covering nearly 14.0% of total area. The population of Abbotsford in 2016 was 8184 people. By 2021 the population was 9088 showing a population growth of 11.0% in the area during that time. The predominant age group in Abbotsford is 30-39 years. Households in Abbotsford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Abbotsford work in a professional occupation.In 2021, 42.50% of the homes in Abbotsford were owner-occupied compared with 38.80% in 2016.
Abbotsford has 8,003 properties. Over the last 5 years, Houses in Abbotsford have seen a 0.30% increase in median value, while Units have seen a -3.81% decrease. As at 30 April 2026:
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