29-41 Down St Collingwood VIC 3066

Factory, Warehouse & Industrial
1,266 m²
Expressions of Interest

FOR SALE - MAGNIFICENT INVESTMENT - COLLINGWOOD

Investment on City Fringe
Must Sell

Magnificent Investment - Strategic Landbank

Rarely such a significant property becomes available in this highly held location.

The property is leased to a well-established tenant and provides a hassle-free investment.

Expression of Interest closing 16th December 2024 at 11am.

Zoning - Commercial 2 Zone

Land Area- 1143m2 approx.

Building Area- 1266m2 approx.

Tenancy Details:

The property is occupied by Urban Climb Collingwood Pty Ltd via a renewed 5 year lease with one final option remaining. Terms include fixed annual 3% rental increases with market reviews on renewal and all usual outgoings recoverable except Land Tax. The original lease commenced in 2017 and includes a six (6) month security deposit be maintained throughout.

The reported passing face rent of $143,526 pa ($113 psmpa) is deemed well below market.

For further information or to arrange an inspection contact
John Camilleri on 0409 327 120

EXPRESSION OF INTEREST

Closing date and time	16/12/2024 11:00
Recipient name	Ask Agent
Delivery address	Killen Thomas 60 Hoddle St Abbotsford

Killen Thomas Melbourne

60 Hoddle Street

Abbotsford, VIC 3067

Property Highlights

Floor Area	1,266 m²
Land Area	1,143 m²
Parking	On site parking available
Building Type	Whole building
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019654415
Category	Factory, Warehouse & Industrial
Last updated

Map for 29-41 Down St Collingwood VIC 3066

Nearest transport* to 29-41 Down St Collingwood VIC 3066

Bus

Train

Tram

Ferry

Wellington St/Johnston St (Collingwood)	381 m
Wellington St/Johnston St (Collingwood)	394 m
Gipps St/Hoddle St (Abbotsford)	426 m
Palmer St/Johnston St (Collingwood)	430 m

*Within a 4km radius

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Killen Thomas Melbourne

60 Hoddle Street

Abbotsford, VIC 3067

Property Highlights

Floor Area	1,266 m²
Land Area	1,143 m²
Parking	On site parking available
Building Type	Whole building
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019654415
Category	Factory, Warehouse & Industrial
Last updated

Listed by

John Camilleri

Killen Thomas Melbourne

Call

0409 327 120

More about 29-41 Down St Collingwood VIC 3066

29-41 Down St Collingwood VIC 3066 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,266 m² and a land area of 1,143 m². The listing ID for this property is 2019654415.