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Savills - Melbourne

50-52 Smith Street Collingwood, VIC 3066

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50-52 Smith Street,
Collingwood, VIC 3066

Shops & Retail • Offices • Development Sites & Land

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Savills - Melbourne
Julian Heatherich
Benson Zhou

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
50-52 Smith Street
Collingwood, VIC 3066

Map of 50-52 Smith Street

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Superb Smith Street Retail Corner

  • Prime Retail Corner Freehold
  • Leased to global tenant; Aesop
  • Incredible location with upside
Savills and Blount Osborne Walsh are delighted to offer for sale this premium corner freehold located in 50-52 Smith Street, Collingwood. Situated in what is arguably Melbourne’s strongest retail precinct, the property presents immaculately throughout and is leased to a high quality tenant, presenting an outstanding investment opportunity with significant future development upside.

Key features of this outstanding opportunity include:

- A super high profile Smith Street corner freehold
- Stunning, light filled modern retail/office space
- Building area of 342sq m*
- Combined triple street frontage of 47 metres*
- Leased to high quality tenant ‘Aesop’, a global company with over 1,500 employees*
- 4 year lease commencing 4 November 2017 (no options)
- Net Rental: $143,500 per annum* (tenant pays all outgoings including land tax)
- Prime corner landholding of 248sq m* with rear access
- Commercial 1 Zoning providing significant future development potential
- Perfectly positioned within the heart of arguably Melbourne’s strongest retail precinct, metres from Gertrude Street

EOI Closed – Offers Under Review.

Savills

Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

Blount Osbourne Walsh

Cameron Elliott: 0412 714 506
cameron@bowalsh.com.au

*Approx.

Property ID: 503087418Last Updated: 15 Jun 2021

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Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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