retail
office
Hotel/Leisure
ID 334111UpdatedSold107 Cambridge Street
107 Cambridge Street
Collingwood, Victoria, 3066
Please contact us for price
- Size490 SQM
Josh Rutman
Executive Director, Head of Capital Markets � Victoria
Agent details
Tim Carr
Tim Carr Associate Director Capital Markets – Office JLL
Agent details
- Description
- Building Information
- Location
- Agents
Description
PROUDLY SOLD BY JLL
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 李名轩 | 0498 688 998
· 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 李名轩 | 0498 688 998
· New 10 + 7 + 7 Year Lease
· One Lease, Three Titles
· Award Winning Tenant
Location
Agents
Josh Rutman
Executive Director, Head of Capital Markets � Victoria
Agent details
Tim Carr
Tim Carr Associate Director Capital Markets – Office JLL
Agent details