Aston are pleased to offer 246 Johnston Street, Abbotsford by Expressions of Interest closing on Thursday 4 September at 3pm.
Prominently positioned on one of Melbourne’s busiest intersections at the corner of Johnston Street and Hoddle Street, this versatile property presents an outstanding opportunity to occupy or invest in a high-exposure city-fringe location.
• Land area of 142m²*
• Building area of 180m²* across two (2) levels
• Three (3) separate income streams:
+ Ground floor commercial tenancy (lease expiring October 2025
+ Signboard (lease expiring December 2025)
+ First floor residential (month to month tenancy)
• Fully let potential income of $75,000 per annum* (net)
• Two (2) rear car spaces on title
• Excellent exposure to a major traffic corridor
• Opportunity to enhance, occupy or re-lease with flexibility across multiple tenancies
Located just 3km* from Melbourne’s CBD, the property benefits from direct exposure to Hoddle Street, with around 90,000* vehicles passing daily. This key arterial connects to the Eastern Freeway, Victoria Parade and Punt Road, ensuring strong accessibility and visibility.
The surrounding precinct is a thriving blend of commercial activity, popular hospitality venues, and ongoing residential growth – making 246 Johnston Street a compelling opportunity for investors and occupiers alike.
Contact the marketing agents at Aston to request further information or to arrange an inspection.
*approximate
