Stonebridge Property Group is pleased to present for sale 1, 57 Wellington Street, Collingwood.
The key highlights of the opportunity include:
- Leased by MAAP, a high-end Melbourne-based cycling apparel brand originally established in 2014.
- 1, 57 Wellington Street, Collingwood is the flagship store for MAAP (trading as MAAP LaB) who already boast a national network of apparel suppliers.
- A brand new 183 sqm* retail space, well designed with rear access & amenity + 12 m* of Wellington Street frontage
- The shop forms the ground floor of GURNERS' Lower East Side inspired 241* room Victoria & Vine development
- Set to provide strong depreciation benefits that will further bolster investment returns
- Collingwood - an affluent and densely populated suburb within the City of Yarra just 930 m* from the Melbourne CBD (median house price of $1,285,000)
- Located adjacent East Melbourne (median house price of $3,300,000*) and the globally recognised MCG & Melbourne Park sporting precinct
*Approximate
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Sarah Xi
0468 320 297
Rorey James
0439 400 081
Property Code: 455