Sold

86 Smith Street
COLLINGWOOD, VIC 3066

Property Type
Retail
Building Area
285m2
Zoning
Commercial 1

Impressive Smith Street Freehold Investment

Fitzroys is delighted to offer 86 Smith Street, Collingwood for sale

Key attributes include:

•  Located in the prime trading section of iconic Smith Street benefiting from strong evening trade
•  Within one of Melbourne’s most sought after lifestyle and hospitality precincts
•  Highly desirable inner city location which is benefiting from surging residential population plus booming commercial office market
•  Outstanding, fully refurbished three storey building of 285sqm*, comprising ground floor eatery and bar, basement and separate fully appointed first floor office
•  Includes onsite parking with rear access from Little Oxford Street
•  Recently renewed leases to popular eatery Maha Bar & Restaurant operated by renowned chef and restaurateur Shane Delia
•  Only 1km* north – east from Melbourne CBD
•  Eclectic surrounds in proximity to high performing Coles, Woolworths, major Banks, Kathmandu, Bonds, Chemist Warehouse and many more

Ground Floor & Basement:
• Lease Term: 5 x 5 x 5 years
• Rental: $90,000 per annum net

First Floor Office:
• Lease Term: 3 x 3 x 3 years
• Rental: $34,000 per annum net

Total Income: $124,000 per annum plus outgoings and GST


86 Smith Street, Collingwood presents an outstanding opportunity to invest into one of Melbourne’s most tightly held precincts with the benefit of a strong lease profile and dynamic and growing residential and commercial catchment.

*approx.

Back to property search
Consultant

Ervin Niyaz

M: 0404 808 327
E: niyaze@fitzroys.com.au

David Bourke

M: 0407 705 755
E: bourked@fitzroys.com.au

Property Type
Retail
Building Area
285m2
Zoning
Commercial 1