SOLD
Sold on 29 Apr 2024 for $1,225,000

58 Gipps Street
Collingwood VIC 3066

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 156m2
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Property Details for 58 Gipps St, Collingwood

Building Type
Commercial
Floor Size
125m2
Land Size
156m2
Local Government
Yarra
Lot/Plan
2/LP24248

Last Listing description (November 2023)

Fitzroys is pleased to present this versatile 2 level office building positioned on the corner of Gipps and Campbell Streets, within Collingwood's dynamic office, hospitality and major re development and rejuvenation precinct.

58 Gipps Street Collingwood is offered for sale by Public Auction on Thursday 14th December at 12PM on site.

Key attributes include:

- Light filled and refurbished 2 level office building
- Excellent dual street access
- Offered with vacant possession providing scope to occupy, invest or value add
- Valuable off street parking
- Located within a highly sought after and desirable activity precinct of Collingwood, benefiting from a surging commercial office hub, with notable names including Aesop, Swisse and T2 headquarters nearby in addition to The Commons
- Surrounded by renowned hospitality venues, multi-level mixed use towers and significant development activity
- Attractive Commercial 2 zone permitting scope for a variety of uses (STPA)
- Occupied as an office for 40+ years!
- Within proximity to lifestyle amenity along Smith and Gertrude Streets, Collingwood College and Collingwood Train Station
- Rare opportunity to secure a freehold of this size and nature in this location

For any further queries please contact Fitzroys exclusive selling agents, Ervin Niyaz and Shane Mills

*Approx.

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Property History for 58 Gipps St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
Last Sold
$1,225,000
29 Apr 2024
Listed for Rent
$498/w
30 Jan 2015
  • 29 Apr 2024
    Sold for $1,225,000
  • 13 Nov 2023
    Listed for Sale Contact Agent
  • 23 Jan 2015
    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 8,574 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.

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