474 Smith Street,
Collingwood, VIC 3066
Offices • Shops & Retail
Key property information
Floor area
Car spaces
Tenure type
Sold on
Map of 474 Smith Street
SOLD BY CONQUEST COMMERCIAL
- Commonwealth Government Tenant
- State of the Art of Fitout
- New Lease Starting Oct 2021
SOLD - CONTACT LUKE CONQUEST FOR DETAILS - 0432 328 688
Conquest are pleased to offer this exceptional commercial investment leased to the Commonwealth of Australia. This brand new strata titled ground floor premises of 221 sqm* is currently being fully fitted by the Commonwealth as office space to the highest commercial standards at an expected cost value of approx $500,000 (including disabled lift).
Other attributes of this investment are:
- Lease commencement: 26th October 2021
- Initial Rent: $98,345.00 per annum Gross + GST
- Lease Term: Three (3) years + Three (3) + Three (3) years
- 1 basement Carspace
The property is located on the ground floor of a 10 level apartment development, and features prominent frontage and exposure to popular Smith Street.
Superbly located near the intersection of Smith Street and Alexandra Parade, close to Collingwood’s most desirable residential, commercial and retail hubs. The location provides excellent access to Eastern Freeway and Citylink, and direct Tram access at the doorstop into the CBD and Northern Suburbs.
The soon to be developed Fitzroy Gasworks is also located within a 2 minute walk which will be an urban village offering residential, senior high school, a sports centre and open space. This development will provide many future benefits and upside to surrounding property by activating the whole area.
The tenant covenant strength, high level fitout and above development should give investors comfort that this is a secure investment with future upside.
*approx
Conquest are pleased to offer this exceptional commercial investment leased to the Commonwealth of Australia. This brand new strata titled ground floor premises of 221 sqm* is currently being fully fitted by the Commonwealth as office space to the highest commercial standards at an expected cost value of approx $500,000 (including disabled lift).
Other attributes of this investment are:
- Lease commencement: 26th October 2021
- Initial Rent: $98,345.00 per annum Gross + GST
- Lease Term: Three (3) years + Three (3) + Three (3) years
- 1 basement Carspace
The property is located on the ground floor of a 10 level apartment development, and features prominent frontage and exposure to popular Smith Street.
Superbly located near the intersection of Smith Street and Alexandra Parade, close to Collingwood’s most desirable residential, commercial and retail hubs. The location provides excellent access to Eastern Freeway and Citylink, and direct Tram access at the doorstop into the CBD and Northern Suburbs.
The soon to be developed Fitzroy Gasworks is also located within a 2 minute walk which will be an urban village offering residential, senior high school, a sports centre and open space. This development will provide many future benefits and upside to surrounding property by activating the whole area.
The tenant covenant strength, high level fitout and above development should give investors comfort that this is a secure investment with future upside.
*approx
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
0432 328 6...
474 Smith Street
Collingwood, VIC 3066
Conquest Estate Agency - MALVERN39A Glenferrie Road
MALVERN, VIC 3144
MALVERN, VIC 3144
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Ground Floor, 466 Smith Street,Collingwood, VIC 3066 75 m²Shops & Retail • Offices • Medical & Consulting