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106, 107 & 108, 134-136 Cambridge Street Collingwood, VIC 3066

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106, 107 & 108, 134-136 Cambridge Street,
Collingwood, VIC 3066

Offices • Shops & Retail • Medical & Consulting

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Map of 106, 107 & 108, 134-136 Cambridge Street

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Buy 1 (or more) from as little as $570,000 ono for these outstanding investments with corporate head office tenancies

NAIHarcourts Balwyn Commercial and Belle Property Commercial are delighted to present these outstanding investment opportunities: Suite 106, as well as the combined Suites 107 & 108, located at 134-136 Cambridge St, Collingwood. These properties are currently available for Private Sale, generating a total net return of $134,016. Situated in the heart of Collingwood's vibrant Mixed Use precinct, this professionally maintained commercial building offers a prime location amidst renowned dining spots on Smith Street and Gertrude Street, alongside multi-level mixed-use structures and substantial development projects.

Key Features:

Suite 1.06 (Lot 18)
- Leased to Strata Community Australia(Vic) www.strata.community since 2010
- Area: 146sqm approx internal kitchenette plus 2 undercover, secure car spaces
- Independent, ducted air conditioning
- Lift access
- Leased until 28 May, 2027 with 3 year option
- Current NET rental: $42,800 plus GST
- 3% annual increases thereafter with a review to market value upon the commencement of the further term

Suites 1.07 & 1.08 (Lots 19 & 20) to be sold together on separate contracts
- Total Net Income $94,361 per annum plus GST
- Total Area: 313 sqm approx
- Leased to Capabuild Pty Ltd (www.capabuild.com.au) since 2019
- Impressive fully renovated modern fit-out including internal kitchen
- Adjoining large sunlit balcony
- Independent, ducted air conditioning
- Lift access
- Note: $119,850 as a total of Two (2) Bank Guarantees held as additional security for reinstatement of dividing, tenancy wall

Suite 1.07
- Area: 205sqm including outdoor balcony and 2 undercover, secure car spaces
- Current NET rental $63,172 per annum plus GST
- Leased until September, 2026 (Note: Tenant right to end lease upon providing at least 3 months written - notice on either 30 June 2024 or 2025 or 2026)
- 4% annual increases

Suite 1.08
- Area: 108sqm plus one undercover, secure car space
- Leased until September, 2026 (Note: Tenant right to end lease upon providing 3 months written notice on either 30 June 2024 or 2025 or 2026)
- Current GROSS rent $40,768 per annum (net rent: $31,189 per annum)
- 4% annual increases

Settlement Terms: 10% Deposit. Balance payable in 30/60 days or otherwise agreed.

Inspection by appointment only Agents in conjunctional.

Additional information

Property ID: 504473572Last Updated: 24 Nov 2024

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106, 107 & 108, 134-136 Cambridge Street
Collingwood, VIC 3066

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