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Investment Highlights

  • Centralized location at the Smith and Johnston Street junction within an established hospitality and retail hub.
  • Rear access supporting functional deliveries and service convenience.
  • Dual-level commercial building incorporating adaptable open-plan spaces and natural light penetration.

Executive Summary

Positioned in the heart of Collingwood’s vibrant, city-edge district, 5 Johnston Street presents an exceptional opportunity to acquire a freehold asset within one of Melbourne’s most tightly held precincts. The property comprises a two-level commercial building with a highly adaptable open-plan design that benefits from abundant natural light and soaring ceilings, enhancing layout flexibility for a range of potential occupants. Rear access further elevates the property’s functionality, offering practical ingress for deliveries and service requirements.
Set just steps from the Smith and Johnston Street junction, the property enjoys unmatched exposure amid a thriving hospitality and lifestyle hub known for continuous foot traffic day and night. Connectivity is another key advantage, with close proximity to major tram lines, bus networks, and Victoria Park train station, ensuring seamless links to the CBD and surrounding suburbs. The Commercial 1 zoning permits a wide variety of uses, broadening the property’s appeal for investors and owner-occupiers alike.
This is a rare buying opportunity where location, accessibility, and adaptability converge, supported by a dynamic local precinct positioned for sustained demand and economic vitality.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,345 SF
Building Class
C
Tenancy
Single
Building Height
2 Stories
Building FAR
1.07
Lot Size
0.03 AC
Frontage
14’ on Johnston Street

Amenities

  • 24 Hour Access
  • Signage

Nearby Major Retailers

Anytime Fitness
Loving Hut
Starbucks
  • Listing ID: 40138484

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 5 Johnston Street, Collingwood, VIC 3066

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