The key highlights of the opportunity include:

- 100% leased to international retailer The Cheesecake Shop – a household name with 34 years of success and over 250 stores across Australia and New Zealand

- Providing annual income of $70,000 + GST + Outgoings* via a new 7-year lease term, with fixed 3% annual rental increases

- Comprising a 122 sqm* highly strategic retail tenancy with rear access and off-title amenities, ensuring maximum retail efficiency

- Recently undergone full refurbishment and fit out undertaken and delivered by the Cheesecake Shop in accordance with current national tenancy guidelines

- Positioned in the heart of Wallan’s High Street thoroughfare – accommodating approximately 18,000* commuters daily and home to major retailers including Woolworths, Coles, KFC, McDonald’s and more

- Located within the Mitchell Shire – one of Victoria’s fastest-growing municipalities – forecast to experience average annual population growth of 6.2% through to 2046 (an additional 158,000 residents)

- The property benefits from direct access from High Street and highly convenient on-street parking

Key highlights of the property include:

• Existing improvements comprise 3 modern triple-storey buildings totalling 582 sqm* (GBA)
• Existing internal fit-out offers large open-plan office spaces with ample natural light, numerous meeting and breakout rooms, and 3 spacious outdoor terraces with skyline views
• Substantial 404 sqm* corner landholding with significant scope for development upside (STCA)
• Two of the properties are vacant, and one is leased
• Expansive street presence with a combined frontage of 40.6 m* to Easey Street and Budd Street, allowing for significant retail activation to an already retail-centric street
• Flexible interior floor plan suited to a variety of occupants
• Comprising 3 buildings on a single title, the property provides flexibility for future subdivision and sell-down exit strategy
• Offered with twelve (12) secure car parks - a rarity in this pocket of Collingwood
• Situated just 160 m* from the retail mecca Smith Street and neighbouring retail and hospitality operators such as Pedla, Cibi, Everyday Coffee, A Coffee, 1 Sackville, Molly Rose Brewing, all bolstered by direct access to iconic Smith Street (200 m*)
• Strategically connected to the Melbourne CBD (1.9 km*) via Smith Street Tram or Collingwood/Victoria Park Train Stations. Alternatively, access is also simple via major arterials including Wellington Street (95 m*), Johnston Street (210 m*) or Eastern Freeway (325 m*)
• Short-term tenancy currently in place offering holding income

Property type: MedicalConsulting, retail, showroomsBulkyGoods
Land area: 1500m²

Property type: Retail, medicalConsulting, showroomsBulkyGoods
Land area: 3051m²