OFF MARKET

26-30 Northumberland Street
Collingwood VIC 3066

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 20m2
Land area: 433m2
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Property Details for 26-30 Northumberland St, Collingwood

Building Type
Commercial
Floor Size
20m2
Land Size
433m2
Local Government
Yarra
Lot/Plan
1/TP513977

Last Listing description (August 2023)

Miglic Dean are delighted to offer for sale by Expressions of Interest this very well-refurbished, substantial 2-storey corner building and large landholding in the heart of Collingwood, with ground floor securely leased to Andrew McConnell's Handmade Events Pty Ltd, and first floor currently on a periodic, monthly tenancy, providing an excellent opportunity to invest in substantial building and land in the heart of Collingwood's business precinct.

Key features include:


> Ground floor securely leased to Handmadce Events Pty Ltd
> First floor currently leased on a periodic, monthly tenancy
> Three (3) street frontages to Northumberland, Rokeby and Glasgow Streets
> Frontage to Northumberland St: 29m*
> Frontage to Rokeby St: 15m*
> Frontage to Glasgow St: 10m*
> Abundant on-site parking / loading bays and vehicle crossovers
> Zoning: Commercial 2
> Gross building area: 1,200m2*
> LAND: 600m2*

The property is being offered for sale by Expressions of Interest.

Lease details and sales documentation are available upon request.

Inspections are by appointment only.

Contact MIGLIC DEAN, exclusive selling agents, for more information on this enticing, blue-chip investment opportunity to buy substantial land and building in the heart of Collingwood's business precinct, to invest and/or to occupy, and potentially to redevelop/refurbish the existing building or redevelop the entire site (STPA) at a later date!

Property History for 26-30 Northumberland St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
Last Sold
$6,175,000
14 Aug 2023
Listed for Rent
$13k/w
10 Sep 2008
  • 14 Aug 2023
    Sold for $6,175,000
  • 30 Jun 2023
    Listed for Sale Contact Agent
  • 23 Oct 2007
    Listed for Rent - Price not available
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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 8,562 properties. Over the last 5 years, Houses in Collingwood have seen a 38.46% increase in median value, while Units have seen a 7.52% increase. As at 31 July 2024:

  • The median value for Houses in Collingwood is $1,253,639 while the median value for Units is $667,981.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 45 properties listed for sale, and 26 properties listed for rent in Collingwood on OnTheHouse. According to CoreLogic's data, 356 properties were sold in the past 12 months in Collingwood.

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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.