406 Smith Street, Collingwood, VIC 3066 | Property Value & History | OnTheHouse
OFF MARKET

406 Smith Street
Collingwood VIC 3066

Bedrooms: -
Bathrooms: -
Car spaces: 1
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Property Details for 406 Smith St, Collingwood

Building Type
Commercial
Year Built
2017
Local Government
Yarra
Lot/Plan
1/TP588043

Last Listing description (June 2020)

Prime Smith Street Investment

* Total Building Area: 165m2 (approx)
* Ground Floor Leased to 'Red Sparrow Pizzan* Rear access and parking
* Total Rent Potential $70,000 per annum

* Separate First Floor Dwelling accessed from rear
A unique opportunity to secure a freehold investment located on the well known Smith Street.
Fully refurbished throughout the ground floor retail component is securely leased to Red Sparrow Pizza who are currently undergoing an expansion of their business into the adjoining premises.
The first floor dwelling is offered with vacant possession and features independent rear entry and comprises 3 good sized bedroom, refurbished bathroom and kitchen with meals area.
This separate dwelling has been previously leased out at $20,000 per annum.
This property offers a prime location for any astute investor looking to purchase a well appointed and securely leased inner city retail investment with future development possibilities. With easy access to major arterials the property is also surrounded within walking distance by some of Melbourne's best restaurants, bars and cafes as well as major retailers such as Coles, Woolworths, Dan Murphys and all major banks.
For further information or to arrange a private inspection time please contact the exclusive listing agents at Vision Real Estate - Tim Bindley & James Doherty.

Property History for 406 Smith St, Collingwood, VIC 3066

A timeline of how this property has performed in the market
Last Sold
$275,000
30 Apr 1999
  • 25 May 2018
    Listed for Sale Contact Agent
  • 01 Jul 2016
    Listed for Rent - Price not available
  • 07 Dec 1996
    Listed for Sale Not Disclosed
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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 8,755 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, 367 properties were sold in the past 12 months in Collingwood.

Suburb Insights for Collingwood 3066

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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.