450 Smith Street, Collingwood, VIC 3066

Retail | Offices

For Sale Contact Agent

  • Property ID: 292695
  • Floor Area: 308m²
  • Occupancy: Vacant
SUPERB INVESTMENT WITH STRONG LEASE

Vision Real Estate are pleased to offer for sale 450 Smith Street, Collingwood.


This property is securely leased to WorkSmith, a new co-working space specializing in servicing hospitality entrepreneurs.

* 5 year lease with option to renew
* Leased for $104,000 per annum + GST
* Tenant pays outgoings

* 308 square metres
* 2 car spaces
* High ceilings
* Maximum exposure with premises spanning the whole ground floor of the building

TENANT INFORMATION:
https://www.broadsheet.com.au/melbourne/food-and-drink/article/worksmith-new-co-working-space-hospitality-entrepreneurs

A unique opportunity to secure the only ground floor premises in the architecturally designed You And I building.
Located on the well known Smith Street this property offers a superb location for any astute investor looking to purchase a superbly appointed and securely leased inner city commercial investment.
With easy access to major arterials the property is also surrounded within walking distance by some of Melbourne's best restaurants, bars and cafes.

Capitalise on the changing North side of Smith Street with great neighbors such as The Craft & Co, Fixation Brewing Co., Robert Burns Hotel, Deans Art & Dan Murphy's. This property is well located in a rapidly growing end of Smith Street - get in now while you can!

To arrange a private inspection time or to request a copy of the Information Memorandum please contact the exclusive selling agents.

Collingwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7262 $408 5.62%
Industrial $4737 $202 4.27%
Retail $7683 $321 4.18%
This is the average advertised price, rent and yield for Collingwood, VIC 3066*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

Vision Real Estate

7 Smith Street, Fitzroy, VIC 3065

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 450 Smith Street, Collingwood, VIC 3066. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 450 Smith Street, Collingwood, VIC 3066. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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