Private Sale $2,149,000
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24 Peel Street, Collingwood VIC 3066

House
51
Block size: 165 m² approx.

Attention investors! 2 properties - 1 entity

Seldom does an occasion of such rarity arise, offering a lucrative opportunity to secure a two-bed plus study residence and a separate office/retail space in one entity. Offered as a whole, this exciting Mixed-Use Zone (MUZ) property, located in the heart of Collingwood, holds immense potential.
Each property benefits from its own separate entrance, providing a valuable opportunity to live in the apartment whilst leasing the office/retail space, or alternatively lease both properties and reaping the rewards of two rental income streams. The choice is yours!
Whatever your plans may be for this exclusive piece of real estate, they will benefit from the area's amenities and a highly prized location, within walking distance of Smith Street and Gertrude Street's bustling retail and entertainment precincts, and proximity to trams and Collingwood train station.
THE APARTMENT
- Currently leased for $3,259 (approx.) per calendar month
- Spacious open-plan living/dining area features high ceilings, split-system heating/cooling, and timber floors, and flows out to a large, partially covered entertaining balcony.
- Contemporary kitchen with stone benchtops, premium appliances including dishwasher, and ample storage.
- Two bright bedrooms each with built-in robes and split-system heating/cooling, with the main bedroom enjoying a private balcony.
- Separate study/home office offers flexibility as a 3rd bedroom.
- Stylish, central bathroom features floor-to-ceiling tiles, walk-in shower, and European laundry.
THE OFFICE/RETAIL SPACE
- Currently leased for $4,506.25 (approx.) per calendar month
- Floor area of 139sqm (approx.).
- Multiple offices on ground and first floor.
- Kitchen and bathroom facilities.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Roland Paterson to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
5
Bathrooms:
1
Property type:
House
Block Size:
165 *

Other Details

Lot:
1
Plan:
TP602341
Legal description:
1\TP602341
Nelson Alexander Fitzroy

Maps and area information

Block information
Block size: 165 (approx)
Legal description: 1\TP602341
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales

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We found 18 houses with 5 bedrooms that just sold near 24 Peel Street Collingwood

Property history

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See Collingwood's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Collingwood suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
9,179
Listing ID: 182055837. This listing has been viewed 40 times. It was first displayed on 02/11/2023 and last updated on 26/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.