Description
EXPRESSIONS OF INTEREST: Closing Thursday 5th June at 3PM
POINT OF INTEREST:
A prime-cut investment that’s all sizzle and substance. Located at the centre of Collingwood’s rare Smith Street centre, this compact but cleverly tenanted restaurant freehold is your next passive performer. Leased to Belly Q — a crowd-pleasing Korean barbecue restaurant — this 181 sqm* property serves up reliable income, strong local trade, and a front-row seat in one of Melbourne’s most walkable, livable and investable pockets. Just 50 m* from the Smith and Johnston Streets intersection, you’re also 400 m* from Alexander Parade,750 m* from Hoddle, and surrounded by every of-the-moment restaurant, bar, and retail option, 354 Smith Street is also within strolling distance of major local anchors including Woolworths, Coles and ALDI, adding to the everyday convenience and strong consumer draw of the area. Complementing these supermarkets are other national retailers such as 7-Eleven and Chemist Warehouse, further enhancing foot traffic and amenity appeal. Whether you’re chasing steady returns, future improvement upside, or just a seat at the city’s coolest table, 354 Smith Street is where every sign points to success.
- Total building area of 181 sqm*.
- Total land area of 157 sqm*.
- $61,688.50 per annum + GST and outgoings.
- 5 year lease term to popular Korean restaurant Belly Q.
- Freehold hospitality investment in the heart of Collingwood.
- 5 m* frontage to Smith Street.
- Rear ROW access off Sackville Street.
- 50 m* from Smith and Johnston Streets intersection.
- 86 tram at the doorstep.
- 400 m* to Alexander Parade.
- 750 m* to Hoddle Street.
- Commercial 1 Zone.
POINT OF VIEW:
Smith Street isn’t just one of Melbourne’s coolest strips — it’s a key commercial artery feeding an ever-evolving urban economy. With a tram stop at the door, buses just around the corner, and the CBD minutes away, the people traffic is practically cooked in.
*Approx.