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Stonebridge Property Group - Melbourne

1, 57 Wellington Street Collingwood, VIC 3066

Directions

1, 57 Wellington Street,
Collingwood, VIC 3066

Shops & Retail • Offices • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Car spaces

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Stonebridge Property Group - Melbourne
Ian Lam 林煒峻
Nic Hage
Rorey James

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
1, 57 Wellington Street
Collingwood, VIC 3066

Map of 1, 57 Wellington Street

Directions

Collingwood Investment With Brand New Building & Market Leading Tenant

  • 7-year net lease (4% increases)
  • Providing $105,225* per annum
  • 930 m* from the Melbourne CBD
Stonebridge Property Group is pleased to present for sale 1, 57 Wellington Street, Collingwood.

The key highlights of the opportunity include:

- Leased by MAAP, a high-end Melbourne-based cycling apparel brand originally established in 2014.

- 1, 57 Wellington Street, Collingwood is the flagship store for MAAP (trading as MAAP LaB) who already boast a national network of apparel suppliers.

- A brand new 183 sqm* retail space, well designed with rear access & amenity + 12 m* of Wellington Street frontage

- The shop forms the ground floor of GURNERS’ Lower East Side inspired 241* room Victoria & Vine development

- Set to provide strong depreciation benefits that will further bolster investment returns

- Collingwood - an affluent and densely populated suburb within the City of Yarra just 930 m* from the Melbourne CBD (median house price of $1,285,000)

- Located adjacent East Melbourne (median house price of $3,300,000*) and the globally recognised MCG & Melbourne Park sporting precinct

*Approximate

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 5...

Sarah Xi
0468 320 297

Rorey James
0439 400 0...

Property Code: 455

Collingwood, 3066 demographic data

The median household income for Collingwood is $2,130, 12% higher than Greater Melbourne's household income of $1,901. Collingwood has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 65% of property owners in Collingwood have a mortgage.

9,179
Population
$2,130 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households

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