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COLLINGWOOD
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

Location:

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.

Listing ID:

500719662

Land:

647sqm approx.

Office:

565sqm approx.

Retail:

398sqm approx.

Total Area:

963sqm approx.

Price:

EOI - Contact Agent

Availability:

Now

Occupancy:

Partially leased

Terms of Sale:

10% deposit balance in 60-90 days

Parking:

on-site

Zoning:

Commercial 1

Council:

Yarra




Location