107 Cambridge StreetCollingwood VIC 3066
Property Details for 107 Cambridge St, Collingwood
Last Listing description (December 2022)
JLL Melbourne have the exclusive privilege of offering for sale this incredible retail asset located within Melbourne's trendiest suburb at 107 Cambridge Street, Collingwood.
- Combined retail premises totalling 490sqm* across 3 titles
- One secure lease to two reputable hospitality businesses, 'Smith & Daughters' and 'Smith & Deli'
- Both businesses owned and operated by vegan magnate and multi award winning chef, Shannon Martinez
- Net Rental: $221,379 per annum + Outgoings & GST (as at 1 September 2022)
- Secure car parking for 3 vehicles
- Guaranteed fixed annual rental increases of 3.0%
- Secure bank guarantee and personal guarantee of the lease
- Brand new fit out offers potential for depreciation benefits
- Strategically positioned within the heart of Collingwood's famed culinary precinct
- Convenient access to the Melbourne CBD via accessible tram services operating along Smith Street
- One of very few long leased assets to be presented to the market in 2022
PROUDLY SOLD BY JLL
Nick Peden | 0402 011 266
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
MingXuan Li | 0498 688 998
New 10 + 7 + 7 Year Lease
One Lease, Three Titles
Award Winning Tenant
Property History for 107 Cambridge St, Collingwood, VIC 3066
- 24 Jun 2022Listed for Sale Contact Agent
- 22 May 2020Listed for Rent - Price not available
- 30 Oct 2018Listed for Sale Not Disclosed
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0About 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.
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