This split level office suite is securely leased to Textile House (see http://textile-house.com.au), a solid tenant with over 40 years experience managing some of Australia's best apparel brands.
The property is located in an improving precinct of Collingwood - a city fringe suburb which is enjoying a steady increase in appeal to tenant and owner occupiers alike. We accordingly believe that this solid investment is well poised for growth (in both rent and capital values) over the medium and long term.
The suite itself is fully fitted and benefits from:
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:
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