262 Johnston Street, Abbotsford

Fully Refurbished + High Quality 2 Level Investment + Dual Access + Inner City & High Growth Location
  • Land Area:
    203 m2
  • Income:
    $73,075.00 + GST
  • Recently refurbished (to the highest of standards) retail/office building in the heart of Abbotsford, just 4 train stops from the Melbourne CBD
  • Leased to Trenerry Property Group on a new 5-year net lease providing net annual income of $73,075* + GST + Outgoings (after land tax)
  • Trenerry Property Group are an established Melbourne based developer responsible for a number of Victoria’s iconic projects, such as Trenerry Abbotsford and West End Melbourne
  • Landlord favoured lease terms providing 3.5% fixed annual rental increases, personal guarantees and 4 month security deposit
  • Hugely flexible building with rear access, off-street car parking and the future ability to convert to a multi tenanted (retail/office + residence) property at minimal expense
  • A substantial 203sqm* landholding that is positioned amongst a number of new developments and in direct proximity to Victoria Park Train Station & Woolworths Metro supermarket

* Approx

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