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26YEARS
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LOCAL INVESTORS REACHED

Prime Retail Investment Sold Under The Hammer

By | 02/06/2022

194 Smith Street, Collingwood Sold

194 Smith Street, Collingwood

SOLD UNDER THE HAMMER

A strong response to this rare offering of a long established tenancy with a renewed 5 year lease in the heart of Smith Street, Collingwood saw a sale reflecting a 4% yield for this strata titled single level retail premises of circa 135sqm.

This result is further confirmation of the continued keen interest in the location.

In the last month we have sold the ex-National Australia Bank at 224-226 Smith Street, leased 190-192 Smith Street and now the 194 Smith Street sale confirms the location is very popular with continuing demand from developers, investors and tenants alike.

Click 194-Smith-Street-Collingwood-Sale-Results or below to view additional information on the sale results for 194 Smith Street, Collingwood.

If you would like further information about this sale, or would like assistance with selling your commercial property, please feel free to contact us.

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Nick Breheny

Written by Nick Breheny 

"Nick commenced his career in the Eastern Suburbs and brings over 30 years’ experience in commercial property sales and leasing with an emphasis on development sites and investment property."

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