Retail

110 & 112 Smith Street, Collingwood

110 & 112 Smith Street Collingwood, VIC Australia 3066
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area Gross

Property Description

JLL Melbourne Commercial Sales are pleased to have the exclusive privilege of offering for sale these adjoining freehold buildings situated within one of Melbourne’s most famed retail strips at 110 & 112 Smith Street, Collingwood (Corner Peel Street).


Key details of the opportunity include:

- Two commanding side by side freehold buildings that form part of the ‘World’s Coolest Street’ according to Time Out Global Media

- High profile triple fronted landholding providing over 55 metres* of combined frontage to Smith Street, Peel Street and valuable rear laneway

- Secure car parking accessible via rear laneway

- Existing buildings provide a strong income stream with opportunity for varied retail and commercial office uses for occupiers and astute investors in the future

- Sought after Commercial 1 Zoning allows for a variety of redevelopment outcomes including residential, commercial office or vertical retail (STCA)

- Positioned on Smith Street, recently announced by Time Out as the ‘Coolest Street in the World’ which is underpinned by some of Melbourne’s most iconic boutique and trendy retail/lifestyle offerings

- Convenient access to the Melbourne CBD via accessible tram services operating along Smith Street

- One of very few Smith Street corner assets to be offered to the open market

110 & 112 Smith Street, Collingwood is For Sale by Public Auction on Wednesday 10 November 2021 at 12:30pm (AEDT)


To obtain further information or to arrange a private inspection, please contact the exclusive selling agents.

 

Tim Carr | 0415 767 915

Josh Rutman | 0411 27 37 46

MingXuan Li | 0498 688 998

Investment Highlights

·      Rare Adjoining Freehold Buildings

·      Existing Income + Upside Potential

·      Commercial 1 Zoned Triple Fronted Site

Last Updated Date: 11 Oct 2021
Josh Rutman
Josh Rutman
Executive Director, Head of Capital Markets - Victoria
Tim Carr
Tim Carr
Executive - Middle Markets

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Last Updated Date: 11 Oct 2021

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