406 Smith Street, Collingwood, VIC 3066

Retail | Offices | Development/Land

For Sale Contact Agent

  • Property ID: 296947
  • Floor Area: 165m²
  • Land Area: 150m²
  • Occupancy: Vacant
Prime Smith Street Investment

* Total Building Area: 165m2 (approx)
* Ground Floor Leased to "Red Sparrow Pizza"
* Rear access and parking
* Total Rent Potential $70,000 per annum
* Separate First Floor Dwelling accessed from rear

A unique opportunity to secure a freehold investment located on the well known Smith Street.

Fully refurbished throughout the ground floor retail component is securely leased to Red Sparrow Pizza who are currently undergoing an expansion of their business into the adjoining premises.

The first floor dwelling is offered with vacant possession and features independent rear entry and comprises 3 good sized bedroom, refurbished bathroom and kitchen with meals area.
This separate dwelling has been previously leased out at $20,000 per annum.

This property offers a prime location for any astute investor looking to purchase a well appointed and securely leased inner city retail 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 as well as major retailers such as Coles, Woolworths, Dan Murphys and all major banks.

For further information or to arrange a private inspection time please contact the exclusive listing agents at Vision Real Estate - Tim Bindley and James Doherty.

Collingwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7683 $321 4.18%
Industrial $4737 $202 4.27%
Offices $7240 $431 5.95%
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 406 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 406 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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