FOR SALE
$1,100,000 - $1,200,000

111 Johnston Street
Collingwood VIC 3066

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 65m2
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Premier Investment with Significant Upside

Securely leased to a popular Collingwood destination, this fantastic single level retail is blessed with a deep block and offers future development prospects (STCA).
The high profile location, with exceptional attributes, showcases zoning flexibility for future multi-level development uses, for commercial and residential.
Fantastic position, close to high end retailers, restaurants, art galleries, parkland and public transport options.
Ideal investment choice, land bank and reap the rewards.
Securely Leased at *$27,192 for 3 Years, starting 1st January 2024
Option: 1 period of 3 Years
Annual 3% Increases.
Building Area: *80sqm
Land Size: *170sqm
Zoned: Commercial 1
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Property Details for 111 Johnston St, Collingwood

Building Type
Commercial
Floor Size
65m2

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About Collingwood 3066

The size of Collingwood is approximately 1.3 square kilometres. It has 5 parks covering nearly 2.2% of total area. The population of Collingwood in 2011 was 6,467 people. By 2016 the population was 8,508 showing a population growth of 31.6% in the area during that time. The predominant age group in Collingwood is 20-29 years. Households in Collingwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Collingwood work in a professional occupation. In 2011, 32.9% of the homes in Collingwood were owner-occupied compared with 30.4% in 2016.

Collingwood has 8,574 properties. Over the last 5 years, Houses in Collingwood have seen a 12.14% increase in median value, while Units have seen a -0.99% decrease. As at 30 November 2024:

  • The median value for Houses in Collingwood is $1,207,502 while the median value for Units is $655,327.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 24 properties listed for sale, and 15 properties listed for rent in Collingwood on OnTheHouse. According to CoreLogic's data, 367 properties were sold in the past 12 months in Collingwood.

Suburb Insights for Collingwood 3066

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Paul Markovic
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Peter Markovic Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.