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Commercial Property

501/372 Johnston Street

372 Johnston Street, Abbotsford VIC 3067, Australia

2 Parking
$1,888,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

Located at 501/372 Johnston Street in Abbotsford, the property was sold for $1,888,000 on 3 May 2024. It includes two parking spaces and benefits from a high‑foot‑traffic location on a vibrant commercial strip with easy access to public transport and local amenities, providing flexibility for a variety of business uses.

Alternate search: Unit 501, 372 Johnston Street.

Sales history

EventDatePricePrice per m²
Sold
May 2024
$1,888,000

Key details

Locality
Abbotsford
State
VIC
GNAF PID
GAVIC719210586
Legal parcel ID
501\PS729969
Remoteness area
Metro
Property type
Commercial
Land Use Category
Commercial

Frequently asked questions

What parking facilities are available for this commercial unit?

The property includes two dedicated parking spaces. These can support staff or client vehicles and are allocated directly to the unit.

How well is the location served by public transport?

The site is on Johnston Street, which is serviced by multiple bus routes (200, 207, 202, 246, 302‑305) and is close to Collingwood and Victoria Park railway stations on the Mernda and Hurstbridge lines. Tram routes 109, 12 and 78 also run nearby, providing easy city‑wide access.

What nearby businesses or industries make the area suitable for commercial operations?

Abbotsford hosts major industrial tenants such as Carlton & United Breweries and a growing number of microbreweries, indicating a strong manufacturing and beverage sector. The presence of retail, hospitality and creative precincts around the Abbotsford Convent also supports diverse commercial activities.

Are there notable landmarks or amenities nearby that could benefit a business?

The property is within a short walk of Victoria Park football stadium, Dights Falls, and the Abbotsford Convent arts precinct, offering high foot traffic and cultural appeal. Nearby eateries on Victoria Street (Little Saigon) and the Skipping Girl Sign provide additional visibility for customers.

What is the broader strategic significance of Abbotsford for businesses?

Abbotsford is designated as one of Melbourne’s 82 Major Activity Centres in the Metropolitan Strategy Melbourne 2030, highlighting its role as a key commercial and employment hub. Its proximity (approximately 2 km) to Melbourne’s Central Business District adds further strategic advantage.

How does the surrounding infrastructure support freight or delivery operations?

The Eastern Freeway forms the northern boundary of Abbotsford, providing direct road access for trucks and delivery vehicles. Additionally, the area's historic industrial architecture and existing logistics facilities make it well‑suited for freight movement.