SOLD
Sold on 10 May 2024 for $2,750,000

6-8 Down Street
Collingwood VIC 3066

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 420m2
Land area: 414m2
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Property Details for 6-8 Down St, Collingwood

Building Type
Commercial
Floor Size
420m2
Land Size
414m2
Local Government
Yarra
Lot/Plan
1/PS349841

Last Listing description (November 2023)

Fitzroys is delighted to offer this immaculately presented open plan quality warehouse located in the rapidly developing inner city of suburb of Collingwood for sale by Public Auction on Thursday 7th December at 2PM on site.

The key attributes of this opportunity include:

- Located within the highly desirable inner city suburb of Collingwood and close to a variety of premium sites in different stages of planning, construction and completion.

- Irreplaceable land holding of 414sqm* with extensive frontage of 13.17 metres* and a rear boundary to Dorset Street of 13.29 metres*.
- Well maintained open plan warehouse with excellent height throughout.
- Short term holding income with existing lease expiring in June 2024 (no option), providing future owner occupation and/or redevelopment STCA.
- Zoned Commercial 2 with flexible Design and Development Overlay (DD 011) promoting street facades built to a height of 3 4 storeys (STCA).
- Perfectly located close to leading tertiary educator, Collarts and a variety of well known operators including Aunty Pegs, Anytime Fitness and more.
- Excellent access to Wellington Street, Eastern Freeway, Hoddle Street and the CBD.
- 6 -8 Down Street Collingwood presents an outstanding opportunity to acquire a quality warehouse offered subject to a short term lease providing excellent appeal to Investors, Owner Occupiers and Developers.

Transaction Manager:
The Moore Company
David Evans
0413 730 377

*Approx.

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Property History for 6-8 Down St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
Last Sold
$2,750,000
10 May 2024
Listed for Rent
$862/w
23 Feb 2017
  • 10 May 2024
    Sold for $2,750,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 11 Oct 2016
    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 8,472 properties. Over the last 5 years, Houses in Collingwood have seen a 17.66% increase in median value, while Units have seen a -0.08% decrease. As at 31 October 2024:

  • The median value for Houses in Collingwood is $1,203,550 while the median value for Units is $658,818.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 41 properties listed for sale, and 11 properties listed for rent in Collingwood on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Collingwood.

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