138 Cromwell StreetCollingwood VIC 3066
Property Details for 138 Cromwell St, Collingwood
Last Listing description (March 2013)
FANTASTIC CITY FRINGE WAREHOUSE/OFFICE WITH SECURE TENANCY
This imposing warehouse/office offers the astute investor an opportunity to acquire a securely leased investment property in the heart of vibrant Collingwood and located only moments to direct access to Eastlink freeway, vibrant Smith Street lifestyle precinct and the heart of Melbourne CBD
Offering a versatile floor plan comprising high clearance warehouse with roller door access, basement level store room with dual access points and spacious 1stflr offices and meeting rooms with modern amenities and full air conditioning and heating throughout.
* Building size: 910sqm (approx)
* Zoning: Business 3
* 3 off street car parks
* Securely leased at $144,000 pa plus GST and all outgoings
* Lease expires 31 October 2015
* Fantastic investment opportunity showing over 8% return
* Secure bank guarantee in place
* Convenient city fringe location with close proximity to Eastlink freeway
To arrange an appointment please call SIMON VERDUCI on 0419 993 330 and ARCH STAVER on 0417 515 802
Property History for 138 Cromwell St, Collingwood, VIC 3066
- 10 May 2024Sold for $2,727,272
- 02 Dec 2014Sold for $1,900,000
- 21 Dec 2012Listed for Sale PRICE ON ASKING - ALL REASONABLE OFFERS CONSIDERED
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0About Collingwood 3066
The size of Collingwood is approximately 1.3 square kilometres. There are 5 parks, covering nearly 2.2% of the 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 8,748 properties. Over the last 5 years, Houses in Collingwood have seen a -12.03% decrease in median value, while Units have seen a 1.06% increase. As at 31 July 2026:
- The median value for Houses in Collingwood is $1,155,309 while the median value for Units is $694,534.
- Houses have a median rent of $800 while Units have a median rent of $700.
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