Land

422-430 Johnston Street, Abbotsford

422-430 Johnston Street Abbotsford, VIC Australia 3067
Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2000
Land Area Gross ()
Call for Offers

Property description

The JLL Melbourne Commercial Sales team is delighted to have the exclusive privilege of offering for sale this major development opportunity in a coveted and highly sought after city-fringe location at 422-430 Johnston Street, Abbotsford (Corner Trenerry Crescent).

 

Key details of the opportunity include:

- Major city-fringe corner landholding of 2,428sqm

- Three significant street frontages totalling 161 metres with wide rear street access

- Flexible Commercial 1 Zoning allowing a development height of 31 metres (10 levels)

- Ideal location for apartments, build-to-rent, co-living, student accommodation, retirement living, office and/or medical uses (STCA), with stunning uninterrupted CBD and parkland views to be enjoyed

- Surrounded by an abundance of exceptional amenity within easy walking distance including Victoria Park Train Station, 260ha of parklands in the adjoining Yarra Bend and Studley Parks, ample surrounding retail amenity and trendy pubs and cafes

- A significant CBD fringe development site offering genuine development scale just 2.5km from the CBD

 

PROUDLY SOLD BY JLL

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

Nick Peden | 0402 011 266

Josh Rutman | 0411 27 37 36

Jesse Radisich | 0402 085 702

David Hill | 0431 248 477

MingXuan Li | 0498 688 998

Investment highlights

·        Major 2,428sqm Corner Landholding

·        Allowable development height of 31 metres

·        Vibrant CBD fringe location

Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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