Investment That Really Shapes Up

164, Wellington Street, COLLINGWOOD


Gray Johnson is excited to present for your consideration this outstanding investment opportunity in Melbourne’s most sought-after inner east business location.

The Opportunity:
• Attractive two storey brick building of 633sqm*
• Land area 384sqm*
• 12 secure undercover car parks
• Tenant: Anytime Fitness Pty Ltd
• 5 x 5 years lease commenced 01/02/2020
• Annual rental $200,715pa net plus GST
• Zoned Commercial 2

With a quality tenant in place and a strategic inner-east corner location, this is an exceptional health sector investment. The tenant, Anytime Fitness, is part of Australia’s largest and most successful fitness organisation and the lease terms provide solid returns now and into the future.

In recent years Collingwood has become one of Melbourne’s most desirable business locations, with significant commercial development and a high degree of amenity. It is a popular location for a wide range of businesses including the fashion and creative sectors.

The Location
• Prominent location on the corner of Gipps & Wellington Streets
• Close to transport, eateries, Smith Street shopping
• Just minutes to Melbourne CBD

This property is located in the heart of Collingwood just a short stroll from trendy Gertrude and Smith Streets with their diverse range of cafés, restaurants, bars and specialty retailers. It offers a rare opportunity to invest in a neighbourhood with continuing tenant appeal, owing to its unique character and proximity to Melbourne’s CBD.

We expect considerable interest in this one-of-a-kind property.


Key Details

For Sale

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