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107 Cambridge Street
Collingwood VIC 3066
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Sold on 12 Aug 2022

107 Cambridge Street Collingwood VIC 3066

  • Shop & Retail
  • 490 m²
  • Sold

PROUDLY SOLD BY JLL

  • New 10 + 7 + 7 Year Lease
  • One Lease, Three Titles
  • Award Winning Tenant

JLL Melbourne have the exclusive privilege of offering for sale this incredible retail asset located within Melbourne's trendiest suburb at 107 Cambridge Street, Collingwood.

- Combined retail premises totalling 490sqm* across 3 titles
- New 10 + 7 + 7 year lease commenced in September 2021
- One secure lease to two reputable hospitality businesses, 'Smith & Daughters' and 'Smith & Deli'
- Both businesses owned and operated by vegan magnate and multi award winning chef, Shannon Martinez
- Net Rental: $221,379 per annum + Outgoings & GST (as at 1 September 2022)
- Secure car parking for 3 vehicles
- Guaranteed fixed annual rental increases of 3.0%
- Secure bank guarantee and personal guarantee of the lease 
- Brand new fit out offers potential for depreciation benefits
- Strategically positioned within the heart of Collingwood's famed culinary precinct 
- Convenient access to the Melbourne CBD via accessible tram services operating along Smith Street
- One of very few long leased assets to be presented to the market in 2022

PROUDLY SOLD BY JLL

Nick Peden | 0402 011 266
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
MingXuan Li | 0498 688 998

·          New 10 + 7 + 7 Year Lease
·          One Lease, Three Titles
·          Award Winning Tenant

JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold12 Aug 2022
Floor Area490 m²
Land Area490 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017893351
Category
Last updated  20 Dec 2022
Map for 107 Cambridge Street Collingwood VIC 3066

Nearest transport* to 107 Cambridge Street Collingwood VIC 3066

Bus
Train
Tram
Ferry
Smith St/Victoria Pde (Collingwood)495 m
Clarendon St/Victoria Pde (East Melbourne)569 m
Gipps St/Hoddle St (Abbotsford)592 m
Wellington St/Johnston St (Collingwood)603 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold12 Aug 2022
Floor Area490 m²
Land Area490 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017893351
Category
Last updated  20 Dec 2022

Co-Agents

More about 107 Cambridge Street Collingwood VIC 3066

107 Cambridge Street Collingwood VIC 3066 is categorized as Shop & Retail Property. It has a floor area of 490 m² and a land area of 490 m². The listing ID for this property is 2017893351.

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