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Vinci Carbone & Collins Commercial are privileged to be able to offer for sale this once in a lifetime investment opportunity fully leased to ASX listed company, Reece Australia Pty Ltd, located in one of Collingwood's fastest growing mixed use precincts.
Key highlights:
Impressive, recently renovated modern two level office building of 1,191 sqm*.
3.5 Star NABERS Energy Rating.
Secure 5 year lease to 2027 plus a further option to 2032 currently returning $498,923 per annum* plus GST plus outgoings.
Reece Australia Pty Ltd - an exceptionally strong secure lease and a publicly-listed Australian company.
Lower ground parking for 16 vehicles.
Strong and certain rental growth with fixed annual 3.5% increases.
680 sqm* of Mixed Use zoned land with a combined corner street frontages to Oxford Street and Langridge Street of 54 metres*.
Highly popular and fast emerging Mixed Use Precinct.
Collingwood is a highly desirable destination for major mixed use developments as it benefits from its access to the Melbourne CBD and inner eastern suburbs and has become one of Melbourne's most in demand suburbs which is now ranked amongst the best neighborhoods in the world.
Collingwood also has a thriving hub of lively restaurants, casual cafes and trendy shops located on Smith Street as well as Coles and Woolworths supermarkets, plus there are trams, trains and buses servicing the immediate area.
For Sale By Expressions of Interest Closing Thursday 26 June 2025.
*approx.
Remember to mention you found this property on CommercialReady
Vinci Carbone & Collins Commercial are privileged to be able to offer for sale this once in a lifetime investment opportunity fully leased to ASX listed company, Reece Australia Pty Ltd, located in one of Collingwood's fastest growing mixed use precincts.
Key highlights:
Impressive, recently renovated modern two level office building of 1,191 sqm*.
3.5 Star NABERS Energy Rating.
Secure 5 year lease to 2027 plus a further option to 2032 currently returning $498,923 per annum* plus GST plus outgoings.
Reece Australia Pty Ltd - an exceptionally strong secure lease and a publicly-listed Australian company.
Lower ground parking for 16 vehicles.
Strong and certain rental growth with fixed annual 3.5% increases.
680 sqm* of Mixed Use zoned land with a combined corner street frontages to Oxford Street and Langridge Street of 54 metres*.
Highly popular and fast emerging Mixed Use Precinct.
Collingwood is a highly desirable destination for major mixed use developments as it benefits from its access to the Melbourne CBD and inner eastern suburbs and has become one of Melbourne's most in demand suburbs which is now ranked amongst the best neighborhoods in the world.
Collingwood also has a thriving hub of lively restaurants, casual cafes and trendy shops located on Smith Street as well as Coles and Woolworths supermarkets, plus there are trams, trains and buses servicing the immediate area.
For Sale By Expressions of Interest Closing Thursday 26 June 2025.
*approx.
Remember to mention you found this property on CommercialReady
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