A RARE OFF MARKET OPPORTUNITY TO OCCUPY, INVEST, OR TRANSFORM IN ABBOTSFORD'S HEART

Sale Details

Sold on 06 Mar 2026 for $2,100,000

Description

POINT OF INTEREST:

Off market and offering flexibility, exposure, and long-term growth potential, this standout property presents a rare opportunity to secure a prime commercial holding in one of Melbourne’s most dynamic inner-city markets. Set on approximately 304 sqm* of commercial one zoned (CZ1) land, the site comprises a single-storey building of around 240 sqm*, perfectly suited for retail, office, or future mixed-use redevelopment (STCA). Its commanding position abounded by shared laneway access, ensures excellent street presence and visibility along busy Johnston Street here in Abbotsford. The property is surrounded by vibrant retail, dining, and lifestyle amenity, with Victoria Street, Smith Street, and Victoria Park Train Station all within easy walking distance. Excellent access to major arterial roads and public transport further enhances the site’s strategic appeal. With ongoing growth and limited supply in Abbotsford, this is a rare opportunity to capitalise on strong market fundamentals and secure a position with enduring value and versatility.

- Total building area of 240 sqm*
- Total land area of 304 sqm*
- High profile corner site, with plenty of foot traffic
- 3 Onsite parking spaces
- Well-presented building in a prime Abbotsford location.
- Ideal for retail, office or redevelopment (STCA)
- Currently subject to an existing lease, with vacate possession potential, subject to negotiation.
- Excellent access to major arterial roads and only 400 meters* to Victoria Park Train Station
- Walking distance to Smith Street & Victoria Street
- Commercial 1 zoning (CZ1)

POINT OF VIEW:

A rare off market opportunity (at least for now) to secure a flexible inner-city freehold with strong upside and exceptional positioning.

*Approx.
Pricing excludes GST