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108-112 Johnston Street
963sqm approx. | EOI - Contact Agent
Flexibility is the key - Occupy/ Develop/Invest with Income
Ryder Commercial has the pleasure of offering this city fringe outstanding landholding and development opportunity known as 108 – 112 Johnston Street, Collingwood.
This holding offers an exceptional opportunity for astute developers, owner occupiers and/or investors to acquire a unique parcel of land in one of Melbourne’s most highly sought after locations.
Key characteristics of 108 – 112 Johnston Street, Collingwood include:
+ Building Area of 963 m2
+ High profile land area of 647 m2
+ Over 20 metre frontage
+ Commercial 1 Zone within the JOHNSTON STREET ACTIVITY CENTRE
+ Preferred maximum building height of 24 metres
+ Potential 6 – 7 level development potential (STCA)
+ Income of $152,418 p.a net plus upside
+ Fully let income potential of over $200,000 p.a net
+ Ideal owner occupier, development or investor opportunity in tightly held market
+ Close proximity to the CBD
+ Blue Chip Location and Landbank opportunity
+ First time offered in 25 years
For further details contact David Gibellini on 0419 473 504
Positioned on the northern side of Johnston Street, between Wellington Street and Hoddle Street with right of way access to the rear of the property. Located only 2.5 kilometres from the CBD.
10% deposit balance in 60-90 days