16 Montague Street Collingwood VIC 3066

Nelson Alexander Commercial are delighted to offer For Private Sale this ideally located investment in the heart of Collingwood. With its rooftop deck boasting captivating city views, a versatile floorplan spread over three levels and fully equipped kitchen and bathroom facilities. And securely leased to an established tenant this is a prime set and forget investment opportunity.

Key features:

> Well maintained building with a flexible total floor area of 160sqm*, polished concrete floors and modern bathroom/kitchen
> Rental return of $50,400pa^ and favourable 5% fixed yearly increases
> Split over three levels and brilliant natural light throughout all areas, plus unique rooftop deck with 360-degree views around
> Ground floor warehouse/tandem garage plus ultra-rare car parking permit allowance for up to 3 cars on street
> Absolute Prime city-fringe location surrounded by amenity including Smith and Gertrude Street retail strips, plus easy access to Hoddle Street and major arterials
> Commercial 2 Zoning and strong rental demand in a tightly held precinct

For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.

*approx.
^as at September 2024