Aston Commercial and Premier Commercial are pleased to offer 132 Johnston Street, Fitzroy For Sale by Public Auction on Wednesday 21st June 2023 at 12 noon on-site.
This is an outstanding opportunity to purchase a Commercial freehold on the city fringe in one of Melbourne’s most popular inner north locations.
Being offered with vacant possession and sitting on a prime land allotment of 165 sqm* the property is perfect for owner-occupiers looking to find the right space for their business, as well as value-add developers looking to capitalise on the location and its potential for residential conversion.
Providing strong frontage to Johnston Street and rear laneway access the property comprises a building area of 135 sqm* across two floors with bathroom amenities, kitchen, storage and ornate fireplaces.
Located within a stones throw from the highly decorated Brunswick Street retail strip the property is surrounded by a vast array of popular boutiques, hospitality venues and creative businesses.
This presents an exceptional chance to acquire a significant freehold structure situated in a rapidly expanding area, poised for a surge of new development that will enhance its appeal and prominence even further.
Aston Commercial and Premier Commercial highly recommend this property for your serious consideration.
Blue Chip location metres from the intersection of Johnston and Brunswick Streets
Flexible Commercial 1 Zoning (C1Z) with rear access
Terrific access to major arterial roads and public transport
Surrounded by leading hospitality and lifestyle hotspots
Strong value add and conversion opportunity (STPA)
Precinct about to undergo significant development with projects from Pace Developments and Greystar
EXECUTIVE SUMMARY
LAND Liam Rafferty Associate Director 0421 886 655 liam@astoncommercial.com.au
132 JOHNSTON ST FITZROY 10
METHOD
For Sale by Public Auction on Wednesday 21st June 2023 at 12 noon on-site
TERMS
165 sqm* with rear parking for multiple vehicles TENANCY Offered with vacant possession *approx Jason Perry Director 0412 560 510 jason@premierc.com.au
The property is outlined on the certificate of title as follows
Volume: 04647 Folio: 322
Lot 1 on Title Plan 585684L
LAND DIMENSIONS AND AREA
JOHNSTON STREET FRONTAGE: 5.79m*
DEPTH: 28.65m*
R.O.W: 5.79m*
TOTAL LAND AREA: 165 square metres*
*approx.
ZONING
The current building across the dual levels comprises the following:
The building lends itself to numerous potential uses including office, medical and allied health along with residential conversion.
Please refer to page 22 for a copy of the floorplan
Fitzroy is a vibrant and eclectic suburb located in the inner north of Melbourne, Australia. Known for its unique character, diverse community, and artistic atmosphere, situated approximately 2 kilometers northeast of Melbourne’s central business district (CBD). It enjoys excellent connectivity to the city center and surrounding suburbs through public transport options such as tram and bus services. Major roads like Brunswick Street and Smith Street run through Fitzroy, providing convenient access for commuters and customers.
The area has a diverse and cosmopolitan population. The suburb attracts a mix of young professionals, artists, students, and families. This diverse demographic profile contributes to the unique character and creative energy of the area.
It is renowned for its vibrant and diverse retail scene. It is home to a wide array of fashion boutiques, vintage stores, record shops, bookstores, and specialty retailers. You’ll find a mix of local designers, independent brands, and unique shops catering to various tastes and styles.
Brunswick Street and Johnston Street are a food lover’s paradise, offering an extensive selection of restaurants, cafes, and bars. You can find a diverse range of cuisines, from Italian and Mexican to Asian fusion and vegan options. The location is known for its lively atmosphere, with many outdoor dining options, making it a popular spot for brunch, lunch, dinner, and nightlife.
Brunswick Street has a rich music and entertainment scene. Several iconic live music venues are situated along the street, hosting local and international bands, DJs, and artists. These venues contribute to Fitzroy’s reputation as a cultural hub and attract music enthusiasts from all around Melbourne.
Great sales results always get talked about. The work that makes them happen, usually doesn’t.
There’s so much smoke around sales, that it’s hard to even talk about it in a brochure without a smile. Everyone makes claims, but the obvious truth, is not everybody is equally good at this.
One of the differences at Aston Commercial, is that while what we say might be called an “opinion”, it’s always based on evidence. We do our homework first and talk later.
Another difference is that for us, sales is very much a whole team exercise, where there are many players and all our departments work together in the pursuit of the best result.
The experience of our team members are reinforced by Client testimonials, which lead us to being more than a real estate agent, but a trusted advisor
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“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Premier Commercial or Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Premier Commercial or Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Premier Commercial or Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate
