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1, 57 Wellington Street
Collingwood VIC 3066
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Sold on 28 Sep 2022

1, 57 Wellington Street Collingwood VIC 3066

  • Shop & Retail
  • 183 m²
  • Sold

Collingwood Investment With Brand New Building & Market Leading Tenant

  • 7-year net lease (4% increases)
  • Providing $105,225* per annum
  • 930 m* from the Melbourne CBD

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

Property Highlights

Date Sold28 Sep 2022
Floor Area183 m²
Land Area1 m²
ParkingAsk Agent
Property ID2017878561
Category
Last updated  3 Oct 2022
Map for 1, 57 Wellington Street Collingwood VIC 3066

Property Highlights

Date Sold28 Sep 2022
Floor Area183 m²
Land Area1 m²
ParkingAsk Agent
Property ID2017878561
Category
Last updated  3 Oct 2022

Co-Agents

Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Sarah Xi 席子棠
Stonebridge Property Group VIC
Call
+61 468 320 297

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