16 Brown Street, Collingwood, Vic 3066

Nestled in the heart of Collingwood, 16 Brown Street offers unparalleled access to the vibrant culture and amenities of this dynamic neighbourhood. With a diverse array of businesses and entertainment options nearby, it's an ideal setting for professionals seeking a stimulating work environment.

•	Building Area: 140 sqm (approx)
•	Corner position with expansive steel framed windows 
•	New York style loft office with an open plan studio
•	Solid Timber floors throughout with concrete slab base
•	Lofty, high ceilings
•	Abundant, brilliant natural light
•	Modern, fully equipped kitchen
•	Bathroom with shower
•	Separate, private ground floor entry
•	Off-street undercover parking
•	Laundry facilities 
•	Heating and cooling 
•	Commercial 2 Zoning 

Lease Details:

Current Lease: 3 years, commenced on 15/08/2022
Further Term: Additional 3 years from 15/08/2025
Rental Income: $43,496.76 per annum plus outgoings from 15/08/2024

Situated in the vibrant hub of Collingwood, this loft office is surrounded by a thriving community of businesses including IT companies, boutique studios, and fashion designers. Enjoy the convenience of nearby restaurants, cafes, and retail outlets, making it a desirable location for both work and leisure.

With a current lease in place and a steady rental income stream, this property presents a compelling investment opportunity with the option to occupy in the future. 

The three-year lease term, with the option for an additional term, offers stability and potential for long-term growth. The commercial zoning enhances flexibility for a range of business ventures.

Tenant pays all outgoings estimated at:
Council Rates: $608 per quarter approx 
Water Rates: $246.54 per quarter approx 
Owners Corporation Fees: $967.01 per quarter approx 

Don't miss out on this exceptional opportunity!