176 Johnston Street, Fitzroy, VIC 3065 sold on 24 January 2026 | OnTheHouse
SOLD
Sold on 24 Jan 2026 for $1,820,000

176 Johnston Street
Fitzroy VIC 3065

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 167m2
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Property Details for 176 Johnston St, Fitzroy

Building Type
Commercial
Land Size
167m2
Local Government
Yarra
Lot/Plan
1/PS641244

Last Listing description (November 2023)

TWO BLUE-CHIP LAND TITLES, AVAILABLE SEPARATELY OR AS A WHOLE

Miglic Dean are delighted to offer for Sale by Expressions of Interest this landmark inner-city corner site, comprising two separate (but adjacent) land titles, complete with Planning Permit for each of the two titles for future redevelopment - building plans and design by Chamberlain Architects.


Strategically positioned on the corner of Johnston and Napier Streets, this substantial corner land holding has three (3) street frontages and an enviable north-facing and west-facing perspective. Each tenancy enjoys a strong passive income with only short tenure remaining (~2 years) and no further terms available to either of the tenants.

Key features include:
> Two (2) titles of 169m2* & 264m2*
> 7.6m frontage to Johnston Street
> 52.5m frontage to Napier Street
> 9.2m frontage to Chapel St
> Magnificent exposure
> Zoning: Commercial 1
> Total Building area: 433m2*
> Total Land: 433m2*

This amazing corner land holding is arguably the best corner in Fitzroy, boasting exciting development plans for each property, but also a safe, sound and strategic investment for any passive investors and SMSFs.

These amazing, freestanding Fitzroy tenancies are being sold - separately or as a whole - by Expressions of Interest.

Contact MIGLIC DEAN, exclusive selling agents, for more information on this incredibly rare opportunity to purchase a commanding corner site in the heart of Fitzroy, and sporting very healthy rental yields on each address.

Richard Miglic
0418 556 900
richard@miglicdean.com.au

Inspections are by prior appointment only.
(* = approximately)

Property History for 176 Johnston St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$1,820,000
24 Jan 2026
Listed for Rent
$1.92k/w
26 Apr 2022
  • 24 Jan 2026
    Sold for $1,820,000
  • 09 Nov 2023
    Listed for Sale 176 Johnston Street & 300 Napier Street, FITZROY
  • 09 May 2023
    Listed for Sale 176 Johnston Street & 300 Napier Street, FITZROY
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About Fitzroy 3065

The size of Fitzroy is approximately 1.4 square kilometres. It has 8 parks covering nearly 2.7% of total area. The population of Fitzroy in 2016 was 10445 people. By 2021 the population was 10431 showing a population decline of 0.1% in the area during that time. The predominant age group in Fitzroy is 30-39 years. Households in Fitzroy are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation.In 2021, 38.10% of the homes in Fitzroy were owner-occupied compared with 34.50% in 2016.

Fitzroy has 8,854 properties. Over the last 5 years, Houses in Fitzroy have seen a 13.16% increase in median value, while Units have seen a 12.42% increase. As at 31 January 2026:

  • The median value for Houses in Fitzroy is $1,677,302 while the median value for Units is $811,464.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 25 properties listed for sale, and 11 properties listed for rent in Fitzroy on OnTheHouse. According to Cotality's data, 318 properties were sold in the past 12 months in Fitzroy.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.