474 Smith StreetCollingwood VIC 3066
Property Details for 474 Smith St, Collingwood
Last Listing description (January 2023)
SOLD - CONTACT LUKE CONQUEST FOR DETAILS - 0432 328 668
Conquest Commercial are pleased to offer this exceptional commercial investment leased to the Commonwealth of Australia. This brand new strata titled ground floor premises of 221 sqm* is currently being fully fitted by the Commonwealth as office space to the highest commercial standards at an expected cost value of approx $500,000 (including disabled lift). Other attributes of this investment are:
- Lease commencement: 26th October 2021
- Initial Rent: $98,345.00 per annum Gross + GST
- Lease Term: Three (3) years + Three (3) + Three (3) years
The property is located on the ground floor of a 10 level apartment development, and features prominent frontage and exposure to popular Smith Street.
Superbly located near the intersection of Smith Street and Alexandra Parade, close to Collingwoods most desirable residential, commercial and retail hubs. The location provides excellent access to Eastern Freeway and Citylink, and direct Tram access at the doorstop into the CBD and Northern Suburbs.
The soon to be developed Fitzroy Gasworks is also located within a 2 minute walk which will be an urban village offering residential, senior high school, a sports centre and open space. This development will provide many future benefits and upside to surrounding property by activating the whole area.
The tenant covenant strength, high level fitout and above development should give investors comfort that this is a secure investment with future upside.
For further details, please contact the selling agent below.
*approx
Property History for 474 Smith St, Collingwood, VIC 3066
- 12 May 2026Sold for $1,500,000
- 03 Mar 2022Sold for $1,620,000
- 31 Jan 2022Listed for Sale Contact Agent
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About 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 8,741 properties. Over the last 5 years, Houses in Collingwood have seen a -1.95% decrease in median value, while Units have seen a -0.35% decrease. As at 31 May 2026:
- The median value for Houses in Collingwood is $1,215,552 while the median value for Units is $689,167.
- Houses have a median rent of $798 while Units have a median rent of $695.
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