67-71 Johnston StreetCollingwood VIC 3066
Property Details for 67-71 Johnston St, Collingwood
Last Listing description (September 2023)
The Tote Hotel is an institution, with a rich history of more than four decades supporting Melbourne's live music scene. Miglic Dean are delighted to offer for private sale this inner-city landmark corner site and hotel freehold. Strategically positioned on the corner of Johnston and Wellington Streets, next to Collingwood Yards and Circus Oz within the thriving lower Johnston St Collingwood hospitality precinct, this substantial hotel building and large landholding is a rare and exciting opportunity for the new owner to take advantage of The Tote's strong brand, rich music legacy and striking position right in the heart of Collingwood.
Key features include:
- 20.7m-frontage to Johnston Street
- 32.4m-frontage to Wellington Street
- Late night (General) Liquor Licence
- Zoning: Commercial 1
- Total Building area: 500m2*
- Total Land: 665m2*
The hotel is comprised of a familiar and friendly front bar, main band room, an upstairs venue space, green room, commercial kitchen, cool rooms, office spaces, ample amenities for patrons, two large beer gardens and a loading bay. There is an abundance of potential to add value and enhance the hotel business with the addition of a food service or brew house, or a mixed use development (STPA) incorporating the hotel as its centrepiece.
Contact MIGLIC DEAN, exclusive selling agents, for more information on this once-in-a-lifetime opportunity to own your unique piece of Melbourne's vibrant hotel history.
Richard Miglic
0418 556 900
richard@miglicdean.com.au
Inspections are strictly by appointment only.
(* = approximately)
Property History for 67-71 Johnston St, Collingwood, VIC 3066
- 01 Sep 2023Sold for $6,315,200
- 01 Mar 2023Listed for Sale Contact Agent
- 01 Apr 2011Transferred
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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 8,562 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.
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