+19 Photos

SOLD

86 Smith Street, Collingwood, VIC, 3066

Properties / Sold / Victoria / Collingwood

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Contact the Melbourne Commercial Experts

Land Area

186 m² (*approx)

Floor Area

275 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant

Terms

New 5-year lease and options to 2037

Est. Income

$124,000 p/a

Fully Leased

Maha

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2. Property Highlights

Renowned Smith Street Investment

Prominent 3-Level Building
Leased to Famous Restaurant
Bustling Retail & Dining Precinct

Savills is delighted to offer for sale 86 Smith Street, Collingwood, a blue-chip freehold building securely leased to a highly regarded operator.

Key attributes of the property include:

• 186sqm* of land in a popular city-fringe location

• Modern 275sqm* freehold building comprising basement, ground restaurant and first floor office

• Restaurant & office leases to Maha Bar and Maha Restaurant

• Secure combined income of $127,720pa* + GST and outgoings as of September 2023

• Restaurant with 5-year lease and options to 2037

• Convenient rear access and on-site parking

• Situated within a vibrant hub of food, nightlife, and culture

*Approximate

For sale

For further information please contact:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 888

Tim Grant - 0478 666 275

James Latos - 0422 604 900

Remember to mention you found this property on CommercialReady

Property Type

Retail

Sub-type

Cafe/Restaurant

Est. Income

$124,000 p/a

Tenant

Maha

Terms

New 5-year lease and options to 2037

Land Area

186 m² (*approx)

Floor Area

275 m² (*approx)

Selling Method

EOI

Selling Details

Contact the Melbourne Commercial Experts

2. Property Highlights

Renowned Smith Street Investment

Prominent 3-Level Building
Leased to Famous Restaurant
Bustling Retail & Dining Precinct

Savills is delighted to offer for sale 86 Smith Street, Collingwood, a blue-chip freehold building securely leased to a highly regarded operator.

Key attributes of the property include:

• 186sqm* of land in a popular city-fringe location

• Modern 275sqm* freehold building comprising basement, ground restaurant and first floor office

• Restaurant & office leases to Maha Bar and Maha Restaurant

• Secure combined income of $127,720pa* + GST and outgoings as of September 2023

• Restaurant with 5-year lease and options to 2037

• Convenient rear access and on-site parking

• Situated within a vibrant hub of food, nightlife, and culture

*Approximate

For sale

For further information please contact:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 888

Tim Grant - 0478 666 275

James Latos - 0422 604 900

Remember to mention you found this property on CommercialReady

86 Smith Street, Collingwood, VIC, 3066 Collingwood

Savills Melbourne

80, Collins Street, Melbourne, Victoria, Australia, 3000

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Tim Grant

+61 *** *** *** show +61 478 666 275

James Latos

+61 *** *** *** show +61 422 604 900

Julian Heatherich

+61 *** *** *** show +61 412 995 655

Benson Zhou

+61 *** *** *** show +61 458 488 888

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

86 Smith Street, Collingwood, VIC, 3066