73 Islington StreetCollingwood VIC 3066
Property Details for 73 Islington St, Collingwood
Last Listing description (April 2021)
AUCTION: Thursday 22 April 2021 at 1pm on-site
TeskaCarson is pleased to present the opportunity to purchase 73 Islington Street, Collingwood with the following key attributes:
- Substantial standalone warehouse with an underlying land area of 770sqm*, boasting 20m frontage to Islington Street.
- Currently occupied by 25+ year tenant Collingwood Automotive Repairs providing an annual income of $63,812 per annum Net + GST & Outgoings.
- Strong rental upside with a market review in April 2023
- Existing improvements comprise a clear span warehouse plus multiple partitioned offices, providing a total building area of 734sqm* plus four (4) on-site car spaces.
- Perfect opportunity for investors, developers, land bankers and future owner occupiers to secure a supremely located freehold with immediate access to all major arterial routes and only 2km* from Melbournes CBD.
- Favourable Commercial 2 zoning and multi storey height precedent, allowing significant scope for high density development (STPA).
- Join Collingwood tenants Aesop, Lulu Lemon, Swisse, Jetstar, The Commons & T2 to name a few.
- Unrivalled lifestyle amenity with Smith & Gertrude Streets bustling retail and hospitality precinct within close proximity.
- An intergenerational asset that has been held in the same family for over 100 years!
Please call for further information.
Property History for 73 Islington St, Collingwood, VIC 3066
- 22 Apr 2021Sold for $4,800,000
- 19 Mar 2021Listed for Sale Contact Agent
Recent sales nearby
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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 8,747 properties. Over the last 5 years, Houses in Collingwood have seen a 2.57% increase in median value, while Units have seen a 2.81% increase. As at 30 April 2026:
- The median value for Houses in Collingwood is $1,242,872 while the median value for Units is $700,078.
- Houses have a median rent of $800 while Units have a median rent of $695.
Suburb Insights for Collingwood 3066
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