Stonebridge Property Group, acting under instruction from Advise Transact, is pleased to offer 450 Smith Street, Collingwood, for sale via Public On-site Auction.
Key highlights of the property include:
- The unmissable 313 sqm* retail/office corner anchors the iconic 'You & I' mixed use building competed by award winning developer by ICD
- With 28 m* of street frontage to Smith Street, the property is hard to miss a major advantage for current & future tenants
- The versatile and strategic space boasts a commercial kitchen, front & rear access, floor to ceiling windows and an over supply of bathrooms
- With expansive street frontage and dual entry points (via Smith Street & Mater Street) the property provides scope multiple tenancies and subdivision (STCA)
- DDA (disability) compliant entry from Mater Street in conjunction with favourable zoning and car parking allows for potential medical tenancies (STCA) and a multitude of other uses
- The corner position is enjoys exposure to 6,000** vehicles daily, in addition to the popular Smith Street tram line (28.1% of Collingwood residents travel to work via public transport)
- Situated in the vibrant northern precinct of Smith Street which has been recently redefined by the welcomed additions of Woolworths, Aldi and hospitality icon Hotel Collingwood. The precinct also benefits from established operators Dan Murphy's, Officeworks, MacPac, Red Sparrow Pizza and Untitled
- Surrounded by world class development underpinning the future growth of the precinct namely, the forthcoming $45 m luxury Gurner development E.S Smith and brand new 9-level office development 1 Sackville Street
- The precinct is set to benefit from the Victorian Government funded $103 m development of the Gasworks site (100 m*) which will include a senior high school, open space, multi-use sports centre and commercial spaces among other amenity
- Strategically connected to the Melbourne CBD (2 km*) via Smith Street tram (doorstep) with alternative vehicle access via major arterials Alexandra Parade (50 m*), Johnston Street (400 m*), or Eastern Freeway (400 m*)
- The property includes 2 rare basement car parks, accessed via quiet Mater Street
- Short-term holding income to quality co-working tenant Worksmith
Ground Floor, 450 Smith Street, Collingwood is for sale via Public On-site Auction Thursday 15th June 2023 at 2:30pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Max Warren
0488 296 892
Dylan Kilner
0459 396 341
Nic Hage
0448 782 594
Shawn Luo
0412 338 918
*Approximately
** Vic Roads
Property Code: 661
