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- Creative Collingwood Conversion
- Commercial 2 Zone (C2Z)
- Building Area: 465 sqm (approx.)
- Land Area: 470 sqm (approx.)
- Tenanted Investment
- 5 Year Lease
- Currently returning $136,723 pa
- 3 Car Spaces Beller Commercial are delighted to present the sale of 16 Robert Street & 15 Glasshouse Road, Collingwood via Public Auction on Thursday 23rd May at 12 noon on-site.
Located in the heart of the buzzing Collingwood creative office precinct, this partly tenanted investment is a perfect buy and hold asset. Two tenancies occupy the soul title and provide the potential purchaser with the option to occupy or lease the rear vacant 245 sqm with flexibility your biggest friend. Trendy Co-Working creatives ‘Savant House’ currently occupy 15 Glasshouse Road on a new 5 year lease returning an attractive $70,200 net pa.The adjacent 16 Robert Street is currently returning $66,000 pa on a lease until 30th June 2019. Inspections for the property can be arranged with your exclusive selling agents.
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