Investment opportunity, Offices, Retail
| Building Area | 95m² |
|---|---|
| Rate | $9,053 per m² |
| Yield: | 6.04% |
| Sale History ID: | 41267 |
|---|---|
| Property ID: | 20778 |
| Advertised Price: | Contact Agent |
|---|
POINT OF INTEREST:
This prominent corner of Collingwood’s Cambridge and Langridge Streets combines a highly desirable location with a secure investment opportunity. With a new lease in place to Burra Commercial Contractors Pty Ltd, with a rental income of $49,950.00 per annum plus GST & outgoings, this architecturally designed ground-floor retail/commercial space offers a hands-off investment with immediate income.
The property spans 95 sqm* and features a high-quality fit-out including an open-plan workspace, meeting area, kitchenette, and bathroom facilities. Enhanced by polished concrete floors and floor-to-ceiling windows, the space is bright and functional. Additional features include an allocated car space and a storage cage for added convenience.
Located within a mixed-use development of 79 modern apartments, this is an investment underpinned by strong local demand and unbeatable connectivity. The area is serviced by trams, is just 950 m* from Collingwood railway station, and is surrounded by vibrant retail and dining precincts, including Smith, Hoddle, and Brunswick Streets.
- Prominent ground-floor corner location.
- 95 sqm total building area*.
- Mixed-use zoning.
- 1 allocated on-site car space with storage cage.
- Leased to Burra Commercial Contractors Pty Ltd for $51,948.00 per annum plus GST.
- Two (2) year + Three (3) year lease term commenced 2nd December 2024.
- Extensive high-quality commercial fit-out.
- 200 m to Smith Street*.
- 500 m to Hoddle Street*.
- 750 m to Brunswick Street*.
- 950 m to Collingwood Railway Station*.
POINT OF VIEW:
Collingwood is the epicenter of Melbourne’s creative and commercial culture, and this investment provides access to both. With a secure lease in place, a prime location, and a space built to impress, this property is a standout opportunity in a tightly held market.
*Approx.
Pricing excludes GST.
| Features |
|---|
| Tenancy | Burra Commercial Contractors Pty Ltd |
|---|---|
| Lease Term | Two (2) years + Three (3) years |
| Commenced | 2nd December 2024 |
| Rent Review | Annual 4% increases, market value review at option renewal |
| Bond/Guarantees | $13,736.25 + Directors guarantees |
| Outgoings Payable | Building Outgoings |
| Age | As new |
| Air Conditioner | Yes |
| Availability | Immediate |
| Car Spaces | 1x secure basement space |
| Condition | Excellent |
| Floors | Polished concrete |
| Height | Various |
| Lifts | NA |
| Roller Doors | NA |
| Sprinklers | Yes |
| Wheel Chair Access | Yes |
| Zoning | Mixed use zoning |
| Outgoings |
|---|
| Owners’ Corporation | $15,489.00 (2026) |
|---|---|
| Council Rates | $2,399.08 and ESVF $1,352.30 |
| Land Tax | $975.00 (2026) |
M | 0418 336 088
T | (03) 9623 2578
E | [email protected]
M | 0400 448 755
T | (03) 9623 2556
E | [email protected]