27 Johnston StreetCollingwood VIC 3066
Property Details for 27 Johnston St, Collingwood
Last Listing description (October 2023)
This boutique hospitality space is located at the street level of Atelier, a beautifully crafted hotel and residential development designed by renowned architects Cox Architecture and brought to you by the exceptional team at GurnerTM . With a classic redbrick faade and New York style steelwork windows the space embraces the streetscape and creates an alluring invitation to dine and enjoy.
Feature include:
> 10-Year Lease to established Fitzroy hospitality operator
> Fixed 4% annual increases
> Prime 114sqm* premises with on-title car park
> Permit for liquor licence (50 patrons) in progress no objections
> Extensive Landlord fitout works including polished concrete flooring, cabinetry (including stone and stainless steel finishes), reverse cycle heating and cooling, 3 phase power, cool room and bathroom
> Located next to the World-class Collingwood Arts Precinct (Collingwood Yards), this property is surrounded by fabulous retail stores, restaurants and cafes.
This is a quality property, and partnered with this high calibre tenant, presents itself as a once in a lifetime investment opportunity.
For further information contact the exclusive sales agents MIGLIC DEAN
Property History for 27 Johnston St, Collingwood, VIC 3066
- 22 Apr 2024Sold for $1,250,000
- 25 Oct 2023Listed for Sale CONTACT AGENT
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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 8,560 properties. Over the last 5 years, Houses in Collingwood have seen a 33.36% increase in median value, while Units have seen a 9.75% increase. As at 31 August 2024:
- The median value for Houses in Collingwood is $1,213,142 while the median value for Units is $685,230.
- Houses have a median rent of $700 while Units have a median rent of $650.
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