JOHNSTON STREET FREEHOLD WITH ABBOTSFORD UPSIDE WRITTEN ALL OVER IT

Overview

Description

POINT OF INTEREST:

Set within Abbotsford’s tightly held Johnston Street Activity Centre, 367-369 Johnston Street is a flexible city-fringe freehold with exposure, scale, zoning, and future potential all working in its favour. Positioned on approximately 597 sqm* of Commercial 1 Zoned land over two titles, with an existing building area of approximately 260 sqm*, the property offers immediate appeal for occupiers, investors, and developers seeking a foothold in one of Melbourne’s most active inner-north commercial corridors. With a 19.5 metre* frontage to Johnston Street and existing improvements suited to showroom, retail, office, medical, hospitality, or commercial use, this is a rare opportunity with both practical function and long-term upside.
The planning framework adds further weight to the opportunity, with Commercial 1 zoning designed to support vibrant mixed-use centres incorporating retail, office, business, entertainment, community, and residential uses, while the Johnston Street Activity Centre overlay encourages active street frontages, lower-level commercial activity, and considered mid-rise development outcomes (STCA). Moments from Victoria Park Station, Smith Street, Victoria Street, and key arterial connections, the property sits in a precinct where lifestyle amenity, transport access, and commercial demand continue to drive long-term value. In other words, Johnston Street is doing what Johnston Street does best — staying busy, relevant, and very hard to buy into.

- Total land area of 597 sqm* over two titles.
- Total building area of 260 sqm*.
- Commercial 1 Zone.
- 19.5 metre* frontage to Johnston Street.
- Flexible existing improvements with showroom/commercial functionality.
- Suited to retail, office, showroom, medical, hospitality, or future mixed-use outcomes (STCA).
- Positioned within the Johnston Street Activity Centre.
- Close to Victoria Park Station, Smith Street, Victoria Street, and major arterial links.
- Rare Abbotsford freehold with occupation, investment, value-add, and redevelopment appeal.


POINT OF VIEW:

A Commercial 1 zoned Johnston Street freehold with 597 sqm* of land over two titles, flexible improvements, and the kind of city-fringe upside that makes future planning feel less like theory and more like strategy.

*Approx.
Pricing excludes GST