9.5% Yield – Freehold Collingwood Corner 100% Leased on Renewed 5-Year Term
- $1,000,000/Contact the Stonebridge Team
Property Description
Stonebridge Property Group is pleased to present 81 Rokeby Street, Collingwood, offered for sale via Expressions of Interest.
81 Rokeby Street, Collingwood, is a double-storey commercial building fully leased to an entertainment tenant through a renewed 5-year lease term.
The property is centrally located in Collingwood and benefits primarily from its access to the Smith Street Retail Precinct (400 m*) and the Melbourne CBD (2 km*).
The key highlights of the property include:
– Fully leased to Club Collingwood, a longstanding entertainment tenant on a renewed 5-year lease term, which commenced on 6 March 2025 with 3 x 5-year options
– Current net annual rental income of $178,510 * with a fixed annual rental increase of 3%
– Strategically located in a vibrant area, within a short walk to Smith Street retail precinct (400 m*), and neighbouring Collingwood institutions Le Bon Ton, Rupert on Rupert, Allpress Espresso, and Stomping Ground Brewery & Beer Hall
– Well connected to the Melbourne CBD (2 km*) via Smith Street Tram (500 m*), Victoria Parade Tram (450 m*), or Collingwood/North Richmond Train Stations (700 m*). Alternatively, access is also simple via major arterials such as Hoddle Street (400 m*) or Eastern Freeway (1.5 km*)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Property Code: 1589


