5, 23-25 Gipps Street, Collingwood, VIC 3066

Offices | Retail

Sold $250,000

  • Property ID: 409106
  • Floor Area: 50m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 50m2 N/A N/A
5.4% NET RETURN TO LONG TERM TENANT WITH NEW 3 YEAR LEASE!

Tenancy Information:

• Leased to Adapt Solutions Pty Ltd since 2016
• New 3 year lease expiring September 2025
• Current income $15,183.67 Per Annum plus GST plus Outgoings

• Total building area 50m2*
• Comprising modern internal kitchenette and two toilets
• Heating / cooling and alarm system
• One allocated car space in basement
• Ground floor suite with on-site Café
• Located in the sophisticated "Glassworks" building 2.5km* from the CBD and 500* metres of all forms of public transport and major arterials

For more information, please contact the marketing agents below:

Ryan Amler I 0401 971 622
Simon Liang I 0451 954 318

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Collingwood Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6196 $264 4.26%
Industrial $3380 $191 5.64%
Offices $5191 $389 7.50%
This is the average advertised price, rent and yield for Collingwood, VIC 3066*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.
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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™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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