Yarra Falls, 452 - 484 Johnston Street, Abbotsford

Modern Office in a Peaceful Yet Urban Location

1919 Spinning Mills converted into modern, A-Grade work spaces.

Historical building located on the scenic Yarra River Bike Trail with riverside proximity and expansive parklands.  Recently refurbished in 2022, it is ideal for businesses looking for city-fringe space with easy CBD access and mixed mode and lifestyle amenity.

Grade A workspaces comprising of two levels of office space, 485 car spaces, end of trip facilities, gym, meeting rooms and internal winter garden green space.


Facilities and Features

Access to events and
meetings space
Lobby café
Onsite change rooms
Onsite shower
Complimentary towel
Onsite lockers
Onsite Bike Storage
Accessible facilities


Our team has a strong focus on environmental performance. Our sustainable initiatives aim to provide enhanced occupant comfort, reduced draw on resources and lowered building operating costs to achieve environmentally responsible workspaces and buildings.


Yarra Falls retains remarkable character elements from its previous use as the Cable Tram Depot, Yarra Falls Spinning Mills and the Byfas Building.
In 2022 the Yarra Falls redevelopment converted these spaces into a modern office precint, named in homage to Yarra Yarra Falls—a natural rocky bar across the Yarra River once used as a crossing point between the Woiwurrung and the Boonerwrung peoples to meet and trade.

More information

Ownership interest
Cap rate
Valuation date
December 2023
Acquisition date
March 2018
Site area
Net lettable area
NABERS rating (Energy)
NABERS rating (Water)
WALE by income
Rent review structure
Major tenants by income
Computershare, Spark, WFXA1
Parking spaces
$129 million

Lease Availability

928 sqm
672 sqm
692 sqm

Flex | Yarra Falls

Consider this your workspace, enhanced through quality ‘pay as you need it’ shared services and your name on the directory board. Here we celebrate true workplace flexibility, as SME’s can access a network of high-quality offices without committing to long term leases, rental bonds or expensive fit outs, and large corporate users in the building have the option and efficiency of project, meeting and short-term space.

Key Features:

  • Your business name on display, promoting your brand and individuality.
  • Modern office fit-out, reflecting your professionalism.
  • Contract direct with Abacus, the landlord, on flexible terms that work for you.
  • Seamless booking and billing technology.
  • Access to Abacus’ national portfolio, to assist your business placement and growth.

Previously, the traditional flex offering was only available in branded co-working and serviced office operations. Tenants were treated as ‘clients’ and were required to operate their business under the branding of the operator, an approach that we believe is unfair to SME’s and simply does not work for large corporate users.

Technology, the proliferation of co-working brands and a global pandemic have challenged how businesses operate within the office, resulting in an increased need for more diverse and readily available choices from landlords.

Our team are leading the way in this evolution. Branded by your business, and used how you want, Flex by Abacus is the answer to truly flexible work arrangements, combining the best elements of serviced office/co-working and traditional office leasing.

Building Management

The Building Management Team care for all aspects of the building, from maintenance to operations, ergonomics and sustainability. They handle administrative tasks, promote our tenants and ensure safe and enjoyable spaces for collaboration and renewal. They form an integral part of our strong partnership with our tenants, and understand that without this, the building wouldn’t be able to thrive. For more information, speak to our team or login to the customer portal below.

Log in to the help desk portal


Blending a hip inner-city vibe with pockets of countryside tranquillity, Abbotsford offers a brilliant work-life balance and a wealth of lifestyle amenities. Thanks to the area’s on-going urban renewal program, Abbotsford has attracted award winning brewing companies, accoladed eateries, specialist delicatessens, wellbeing focussed cafés and fitness centres to cater to the growing influx of businesses.

Dining and Bars

Chip butties, Thai breakfasts, wood-fired loaves, five-cheese toasties and more cultural cuisines that provide ample opportunities to be social.


The lobby has recently engaged with a nearby food operator to run a café in the lobby.


From Computershare and Moon Dog Brewing to Bodriggy Brewing Co and Carlton Breweries— Abbotsford packs a wealth of local and global success stories into less than two square kilometres of space.

Enquire about this space

Office Leasing Enquiries

Travis Myerscough

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