2/398 Smith Street, Collingwood, VIC 3066 | Unit for sale | OnTheHouse
 
FOR SALE
$850,000 - $900,000

2/398 Smith Street
Collingwood VIC 3066

Bedrooms: 1
Bathrooms: 2
Car spaces: 2
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Former bakery with tremendous flexibility

For Sale via Expressions of Interest
Boasting a magnificent period façade, and once home to “FUNGE & SONS”, this old bakery has so much on offer. Tucked away off the main street, this lovely, secluded building sits upon a brick-paved courtyard and is layered in natural light throughout. Running over 2 generous levels, the open-plan office space with high ceilings offers tremendous flexibility in application.
Zoned Commercial 1, there are enormous possibilities here for business and/or residential use (STCA).
Also includes kitchenette, 2 bathrooms, heating/cooling and 2 car spaces on title.
A superb location surrounded by an array of Melbourne’s best bars, cafes and restaurants just moments to the CBD.
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Property Details for 2/398 Smith St, Collingwood

2/398 Smith St, Collingwood is a 1 bedroom, 2 bathroom Unit with 2 parking spaces. The place is currently for sale with Jellis Craig Fitzroy.

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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 2016 was 8513 people. By 2021 the population was 9179 showing a population growth of 7.8% in the area during that time. The predominant age group in Collingwood is 30-39 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 2021, 33.30% of the homes in Collingwood were owner-occupied compared with 30.40% in 2016.

Collingwood has 8,750 properties. Over the last 5 years, Houses in Collingwood have seen a 7.33% increase in median value, while Units have seen a 1.21% increase. As at 30 November 2025:

  • The median value for Houses in Collingwood is $1,269,727 while the median value for Units is $691,133.
  • Houses have a median rent of $715 while Units have a median rent of $680.
There are currently 41 properties listed for sale, and 13 properties listed for rent in Collingwood on OnTheHouse. According to Cotality's data, 357 properties were sold in the past 12 months in Collingwood.

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Simon Shrimpton
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Michael Amarant
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Jellis Craig Fitzroy
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