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175-179 Johnston Street, Fitzroy, VIC, 3065

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175-179 Johnston Street, Fitzroy, VIC, 3065

Fitzroy

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175-179 Johnston Street, Fitzroy, VIC, 3065
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175-179 Johnston Street, Fitzroy, VIC, 3065

Fitzroy

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175-179 Johnston Street, Fitzroy, VIC, 3065

175-179 Johnston Street, Fitzroy, VIC, 3065

Properties / Buy / Victoria / Fitzroy
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agents
Land Area
903 m² (*approx)
Floor Area
1345 m² (*approx)
Property Type
Retail, Land, Offices
Est. Income
$445,647 p/a
Fully Leased
Great Dane Furniture & Nelson Alexander
Zone
Commercial 1
Car Spaces
11
Show All
Commanding City Fringe Landbank Investment Offering Future Development Potential
  • Securely leased returning $445,647 p.a.*
  • Prime corner freehold zoned C1Z
  • Significant surrounding height precedent

Gross Waddell ICR is pleased to present for sale 175–179 Johnston Street, Fitzroy. Positioned on a commanding corner in the heart of Fitzroy, 175–179 Johnston Street presents an exceptional city-fringe investment opportunity, combining strong holding income with considerable future value-add or development potential (STCA).

Key Property Highlights:

• Prime 903 sqm* corner landholding with extensive 47 m* dual street frontage

• Securely leased to two high-calibre tenants including Great Dane Furniture and Nelson Alexander

• Substantial income profile generating $445,647* net per annum (excluding land tax)

• Extensive two-level freehold building of 1,345 sqm* boasting high quality fit-outs

• Benefitting from 11 secure on-site car parks and rear R.O.W.

• Commercial 1 Zone (C1Z) providing exceptional flexibility for future uses or development (STCA)

• Surrounded by numerous developments and applications reaching up to 11 levels (STCA)

• Located within one of Melbourne’s most trendy and in-demand precincts, being metres to both Smith Street and Brunswick Street retail destinations

175–179 Johnston Street, Fitzroy offers an ideal landbank investment with considerable development potential (STCA).

The property is for sale via an Expressions of Interest campaign closing at 3:00 pm on Thursday 16 April 2026. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

175-179 Johnston Street Investment Summary

Property Type
Retail, Land, Offices
Est. Income
$445,647 p/a
Number Of Tenants
2
Tenant
Great Dane Furniture & Nelson Alexander
Land Area
903 m² (*approx)
Floor Area
1345 m² (*approx)
Zone
Commercial 1
Car Spaces
11
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
EOI Closing Date
16 Apr 2026 03:00PM
Add to calendar
Selling Details
Contact Agents

Investment Highlights

Commanding City Fringe Landbank Investment Offering Future Development Potential
  • Securely leased returning $445,647 p.a.*
  • Prime corner freehold zoned C1Z
  • Significant surrounding height precedent

Gross Waddell ICR is pleased to present for sale 175–179 Johnston Street, Fitzroy. Positioned on a commanding corner in the heart of Fitzroy, 175–179 Johnston Street presents an exceptional city-fringe investment opportunity, combining strong holding income with considerable future value-add or development potential (STCA).

Key Property Highlights:

• Prime 903 sqm* corner landholding with extensive 47 m* dual street frontage

• Securely leased to two high-calibre tenants including Great Dane Furniture and Nelson Alexander

• Substantial income profile generating $445,647* net per annum (excluding land tax)

• Extensive two-level freehold building of 1,345 sqm* boasting high quality fit-outs

• Benefitting from 11 secure on-site car parks and rear R.O.W.

• Commercial 1 Zone (C1Z) providing exceptional flexibility for future uses or development (STCA)

• Surrounded by numerous developments and applications reaching up to 11 levels (STCA)

• Located within one of Melbourne’s most trendy and in-demand precincts, being metres to both Smith Street and Brunswick Street retail destinations

175–179 Johnston Street, Fitzroy offers an ideal landbank investment with considerable development potential (STCA).

The property is for sale via an Expressions of Interest campaign closing at 3:00 pm on Thursday 16 April 2026. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Danny Clark
Danny Clark
+61 *** *** *** show +61 448 066 889
Message
+61 448 066 889 [email protected] Message
Glenn Ye 叶格林
Glenn Ye 叶格林
+61 *** *** *** show +61 400 880 388
Message
+61 400 880 388 [email protected] Message
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Message
+61 419 355 561 [email protected] Message
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Download Development Site Report
Danny Clark
Danny Clark
+61 *** *** *** show +61 448 066 889
Message
+61 448 066 889 [email protected] Message
Glenn Ye 叶格林
Glenn Ye 叶格林
+61 *** *** *** show +61 400 880 388
Message
+61 400 880 388 [email protected] Message
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Message
+61 419 355 561 [email protected] Message

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175-179 Johnston Street, Fitzroy, VIC, 3065

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Property Location of 175-179 Johnston Street, Fitzroy, VIC, 3065

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175-179 Johnston Street, Fitzroy, VIC, 3065 Fitzroy
Enquire
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
View Agency Profile
Danny Clark
Danny Clark
+61 *** *** *** show +61 448 066 889
Glenn Ye 叶格林
Glenn Ye 叶格林
+61 *** *** *** show +61 400 880 388
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
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