2/3 Johnston Street, Collingwood, VIC 3066 | Property Value & History | OnTheHouse
OFF MARKET

2/3 Johnston Street
Collingwood VIC 3066

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Property Details for 2/3 Johnston St, Collingwood

Building Type
Commercial
Local Government
Yarra

Last Listing description (October 2023)

Having recently completed a full refurbishment and architectural drawings for the addition of two additional levels or rooftop (STCA), 1, 2 & 3 Johnston Street offers over 18 metres* of street frontage and exposure across three (3) separate tenancies to occupy or invest.

This outstanding freehold property can be summarised by the following features:


+ A prominent two-level mixed-use freehold building across 228.5 square metres of building area across three (3) separate tenancies with separate upstairs access perfectly suited for a broad range of retail, office, hospitality or residential uses

+ Outstanding 18.2 metres* of retail frontage to Johnston Street and directly located next to Collingwood's established Smith Street retail core 18+ metre* frontage of street with two existing ground floor retail shops on separate tenancies than can be leased or occupied together or separately

+ Recently refurbished ground floor tenancies with existing plumbing and toilets complimented by a light filled and character full first floor tenancy that can be used as a trendy office headquarters, hospitality venue, residential dwelling, retail showroom or a number of alternative retail users

+ The property benefits from a comprehensive recent refurbishment and is ready to be transformed into Collingwood's next iconic venue with the ability to build additional levels for office or residential use or the addition of a rooftop (STCA) with existing architectural drawings and town planning advice for two (2) additional levels

+ The property Is superbly positioned directly next to the high profile corner of Johnston and Melbourne's famous Smith Street precinct, and Is within walking distance proximity to Terror Twilight Caf (25m*), Hope Street Radio (120m*), Tonkin Vietnamese (50m*), Glou Wine Bar (110m*) & Smith Street Bistrot (130m*)

+ Excellent public transport connectivity with Smith Street tram network only 30m* away, bus network located directly out the front of the property as well as Victoria Park Train Station only 850m* away


For further informationplease contact the exclusive sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Sam O'Connell
+61 448 910 251
sam.connell@cbre.com

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.

Property History for 2/3 Johnston St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
  • 26 Sep 2023
    Listed for Sale Contact Agent
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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 8,752 properties. Over the last 5 years, Houses in Collingwood have seen a 3.29% increase in median value, while Units have seen a 2.51% increase. As at 31 December 2025:

  • The median value for Houses in Collingwood is $1,212,612 while the median value for Units is $698,391.
  • Houses have a median rent of $720 while Units have a median rent of $680.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Collingwood on OnTheHouse. According to Cotality's data, 363 properties were sold in the past 12 months in Collingwood.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.