16 Brown Street Collingwood VIC 3066

Nestled in the heart of Collingwood, 16 Brown Street offers unparalleled access to the vibrant culture and amenities of this dynamic neighbourhood. With a diverse array of businesses and entertainment options nearby, it's an ideal setting for professionals seeking a stimulating work environment.

Building Area: 140 sqm (approx)
Corner position with expansive steel framed windows
New York style loft office with an open plan studio
Solid Timber floors throughout with concrete slab base
Lofty, high ceilings
Abundant, brilliant natural light
Modern, fully equipped kitchen
Bathroom with shower
Separate, private ground floor entry
Off-street undercover parking
Laundry facilities
Heating and cooling
Commercial 2 Zoning

Lease Details:

Current Lease: 3 years, commenced on 15/08/2022
Further Term: Additional 3 years from 15/08/2025
Rental Income: $43,496.76 per annum plus outgoings from 15/08/2024

Situated in the vibrant hub of Collingwood, this loft office is surrounded by a thriving community of businesses including IT companies, boutique studios, and fashion designers. Enjoy the convenience of nearby restaurants, cafes, and retail outlets, making it a desirable location for both work and leisure.

With a current lease in place and a steady rental income stream, this property presents a compelling investment opportunity with the option to occupy in the future.

The three-year lease term, with the option for an additional term, offers stability and potential for long-term growth. The commercial zoning enhances flexibility for a range of business ventures.

Tenant pays all outgoings estimated at:
Council Rates: $608 per quarter approx
Water Rates: $246.54 per quarter approx
Owners Corporation Fees: $967.01 per quarter approx

Don't miss out on this exceptional opportunity!