AFFORDABLE INVESTMENT IN PROMINENT CITY FRINGE LOCATION
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40 Johnston Street, Fitzroy VIC 3065

Auction 06/06/24

RetailSize: n/a
Block size: 123 m² approx.

Teska Carson is pleased to offer 40 Johnston Street, Fitzroy for sale by way of Public Auction on Thursday 6 June at 1pm on-site. 

This outstanding city fringe location is within close proximity to public transport, major arterial routes and established national tenants including 7-Eleven, Coles, Pet Stock, BP, Ultra Tune, Goodlife, Aldi and more. 

Key features include:

- Striking two level shop and dwelling with rear access

- Located in the heart of the famous Johnston Street, one of Melbourne’s most in demand retail, showroom and hospitality precincts

- Newly leased to Roxxi's Poolroom returning $45,000 p.a + GST & Outgoings on a 3 + 3 year term

- Outstanding exposure to various forms of public transport, retail amenity and major arterial routes

- Minutes' walk to Brunswick Street, Smith Street and Lygon Street plus several commercial hubs, outstanding hospitality providers and showrooms

- Entry level city fringe investment opportunity at affordable price point

- Commercial 1 zoning

- Land Area: 123m2*

- Build Area: 115m2*

For further information or to arrange an inspection, please do not hesitate to call.

*approx.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jack Cooper to learn more about this property, request an inspection or take an online tour.

Auction

Thursday 6 June, 1:00pm
On Site

Key details

Property type:
Retail
Block Size:
123 *

Other Details

Lot:
1
Plan:
LP60810
Legal description:
1\LP60810
Teska & Carson

Maps and area information

Block information
Block size: 123 (approx)
Legal description: 1\LP60810
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

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Fitzroy suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
35 years
Population
10,431
Listing ID: 182493337. This listing has been viewed 0 times. It was first displayed on 03/05/2024 and last updated on 07/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.