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Superb Smith Street Retail Corner

50-52 Smith Street, COLLINGWOOD VIC, 3066

Sold

Property Sold in 50-52 Smith Street, COLLINGWOOD VIC, 3066

Listing ID:
11338158
Status:
Sold
Price:
EOI Closed – Offers Under Review
Last Updated:
12/12/2019
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Property Type

Retail/Offices/Land/Development
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Land Area

248 SQM
Icon size

Floor Area

342 SQM
Icon parking

Parking

N/A

Superb Smith Street Retail Corner

Savills and Blount Osborne Walsh are delighted to offer for sale this premium corner freehold located in 50-52 Smith Street, Collingwood. Situated in what is arguably Melbourne’s strongest retail precinct, the property presents immaculately throughout and is leased to a high quality tenant, presenting an outstanding investment opportunity with significant future development upside.

Key features of this outstanding opportunity include:

- A super high profile Smith Street corner freehold
- Stunning, light filled modern retail/office space
- Building area of 342sq m*
- Combined triple street frontage of 47 metres*
- Leased to high quality tenant ‘Aesop’, a global company with over 1,500 employees*
- 4 year lease commencing 4 November 2017 (no options)
- Net Rental: $143,500 per annum* (tenant pays all outgoings including land tax)
- Prime corner landholding of 248sq m* with rear access
- Commercial 1 Zoning providing significant future development potential
- Perfectly positioned within the heart of arguably Melbourne’s strongest retail precinct, metres from Gertrude Street

EOI Closed – Offers Under Review.

Savills

Nick Peden: 0402 011 266
npeden@savills.com.au

Jesse Radisich: 0402 085 702
jradisich@savills.com.au

Glenn Ye: 0476 938 888
gye@savills.com.au

Blount Osbourne Walsh

Cameron Elliott: 0412 714 506
cameron@bowalsh.com.au

*Approx.

For more details, please email agent

Savills Melbourne

Level 29, South Tower, 80 Collins Street, , Melbourne, VIC 3000


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