400 Johnston Street

Abbotsford VIC 3067

Savills is delighted to offer for sale this prime retail freehold located at 398-400 Johnston Street, Abbotsford, ideally situated within one of Melbournes most sought after city fringe locations. The property represents a unique opportunity to secure a freehold property in one of Melbournes tightly held city fringe retail precincts. Key features of this outstanding opportunity include:- Prominent landholding of 1,214sq m*- Two street frontages totalling 60 metres*- Combined net income of $188,880 per annum* + Outgoings & GST- Close to Victoria Park Train Station, Johnston Street retail and Victoria Gardens Shopping Centre- Easy access to Eastern Freeway and Hoddle Street and only 2.5km* from Melbourne CBD- Currently zoned Commercial 2 with council proposed re-zone to Commercial 1- Demolition clauses in place- Proven city fringe location with endless options!This retail freehold ideally suits owner occupiers, investors or forward-thinking developers alike, providing a rare opportunity to secure a boutique city fringe landholding. Accordingly we encourage prospective purchasers to actively consider this exceptional property.For Immediate Private Sale Benson Zhou - 0458 488 888Julian Heatherich - 0412 995 655Nick Peden - 0402 011 266Dorothy He - 0430 183 889 *Approx.