Corner retail site at 378 & 380 Smith Street, Collingwood

Can you buy today at a circa 6% return ‘as is’? Of course not. If this was ‘ready to go as is’ we’d be selling at sub 5% today.

This is a buying opportunity for those of you who want to ‘beat the market’ with a well above market return! This is a buying opportunity that your generations will thank you for!

Buy today, renovate, reposition on one of Melbourne’s greatest retail strips! That’s the name of the game to a circa 6% return, all we ask is who will be the lucky one!

378 & 380 Smith Street is a prolific corner retail site with immense short and long term upside. Once voted the Coolest Street in the World, this is a generational opportunity just waiting to be capitalized on

 Featuring.

• Rare corner site
• Site 530m²
• Building 694m²
• In excess of 15 meter frontage on Smith Street & 34.5m frontage onto Easey Street
• Undervalued rents due to short term leases creating flexibility for owner occupation or renovations and repositioning
• Sub divided already creating ownership, tax and future flexibility
• DA approved permit for 7 storey mixed use with ground floor retail and residential apartments above by acclaimed architect Jackson Clements Burrows (JCB)

We’re here to help you find the perfect deal so let’s talk.