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134-136 Cambridge St 1,399 SF Retail Condo Unit Offered at $608,582 in Collingwood, VIC 3066
Investment Highlights
- Located in Collingwood’s thriving mixed-use hub, less than 2 km from Melbourne CBD.
- Features wide street frontage and open-plan layouts for versatile ground-floor retail use.
- Positioned within a modern, well-appointed complex with integrated retail and residential components.
- Walking distance to Smith Street hospitality and retail precinct, lifestyle services, and daily amenities.
Executive Summary
134–136 Cambridge Street is a contemporary mixed-use development prominently located within Collingwood’s bustling inner-city precinct, approximately 2 km from Melbourne CBD. The property incorporates ground-floor retail tenancies with upper-level residential and commercial components in a secure, well-maintained building footprint. Positioned within a vibrant lifestyle destination, the site enjoys close proximity to Smith Street’s hospitality, retail, and entertainment offering, as well as essential services and daily amenities. The area is well serviced by public transport, including multiple tram routes along Smith Street, nearby train access, and strong bike connectivity, while arterial roads such as Victoria Parade and the Eastern Freeway offer direct vehicular links across Melbourne. The ground-level retail accommodation benefits from wide glazed frontages and flexible open-plan layouts, making it suitable for diverse uses from lifestyle retail to specialty service. The surrounding commercial and residential density ensures consistent foot traffic, while ample street exposure enhances visibility and branding opportunities.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
Description
Unit 12A is a modern ground-floor retail premises situated within a boutique mixed-use development in the vibrant Collingwood precinct, less than 2 km from Melbourne CBD. The property occupies a prime double-fronted position with approximately 130 m² of lettable area, providing excellent street presence and strong exposure along Cambridge Street.
The space features an open-plan layout with large display windows, allowing abundant natural light and outstanding merchandising potential. Practical elements include quality flooring, air-conditioning, integrated lighting, and access to two secure basement car parks plus a 7.5 m² basement storeroom, enhancing operational convenience. Positioned within walking distance to Smith Street’s dining and retail precinct, major amenities, and public transport, this property offers a high-visibility location supported by strong surrounding residential and commercial activity.
The space features an open-plan layout with large display windows, allowing abundant natural light and outstanding merchandising potential. Practical elements include quality flooring, air-conditioning, integrated lighting, and access to two secure basement car parks plus a 7.5 m² basement storeroom, enhancing operational convenience. Positioned within walking distance to Smith Street’s dining and retail precinct, major amenities, and public transport, this property offers a high-visibility location supported by strong surrounding residential and commercial activity.
Sale Notes
GormanKelly presents an exceptional opportunity to acquire a securely leased retail investment in one of Melbourne’s most dynamic inner-city locations. Unit 12A offers a prime 130 m² retail tenancy with a superior 7.5 m frontage, creating strong visual impact and pedestrian engagement.
The property is underpinned by a new 5-year lease commencing September 2025, with a further 5-year option, currently generating $43,600 per annum (net), providing long-term income security and peace of mind for investors. Added value comes from two designated basement car spaces and a secure storeroom, ensuring a highly functional tenancy footprint.
Located less than 2 km from Melbourne CBD and positioned within walking distance to Smith Street’s premier F&B and retail destinations, this asset benefits from exceptional accessibility to trams, train stations, and key arterial routes (including the Eastern Freeway). This property represents a compelling opportunity for investors seeking reliable income with the capital growth potential delivered by Collingwood’s thriving lifestyle and commercial environment.
The property is underpinned by a new 5-year lease commencing September 2025, with a further 5-year option, currently generating $43,600 per annum (net), providing long-term income security and peace of mind for investors. Added value comes from two designated basement car spaces and a secure storeroom, ensuring a highly functional tenancy footprint.
Located less than 2 km from Melbourne CBD and positioned within walking distance to Smith Street’s premier F&B and retail destinations, this asset benefits from exceptional accessibility to trams, train stations, and key arterial routes (including the Eastern Freeway). This property represents a compelling opportunity for investors seeking reliable income with the capital growth potential delivered by Collingwood’s thriving lifestyle and commercial environment.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 12A | 1,399 SF | Retail | $608,582 ($435.01/SF) | - |
Unit 12A
| Unit Size |
| 1,399 SF |
| Condo Use |
| Retail |
| Price |
| $608,582 ($435.01/SF) |
| NOI |
| - |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 12A
| Unit Size | 1,399 SF |
| Condo Use | Retail |
| Price | $608,582 ($435.01/SF) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
| Description | |
| Unit 12A is a modern ground-floor retail premises situated within a boutique mixed-use development in the vibrant Collingwood precinct, less than 2 km from Melbourne CBD. The property occupies a prime double-fronted position with approximately 130 m² of lettable area, providing excellent street presence and strong exposure along Cambridge Street.<br> <br> The space features an open-plan layout with large display windows, allowing abundant natural light and outstanding merchandising potential. Practical elements include quality flooring, air-conditioning, integrated lighting, and access to two secure basement car parks plus a 7.5 m² basement storeroom, enhancing operational convenience. Positioned within walking distance to Smith Street’s dining and retail precinct, major amenities, and public transport, this property offers a high-visibility location supported by strong surrounding residential and commercial activity.</li></ul> | |
| Sale Notes | |
| GormanKelly presents an exceptional opportunity to acquire a securely leased retail investment in one of Melbourne’s most dynamic inner-city locations. Unit 12A offers a prime 130 m² retail tenancy with a superior 7.5 m frontage, creating strong visual impact and pedestrian engagement.<br> <br> The property is underpinned by a new 5-year lease commencing September 2025, with a further 5-year option, currently generating $43,600 per annum (net), providing long-term income security and peace of mind for investors. Added value comes from two designated basement car spaces and a secure storeroom, ensuring a highly functional tenancy footprint.<br> <br> Located less than 2 km from Melbourne CBD and positioned within walking distance to Smith Street’s premier F&B and retail destinations, this asset benefits from exceptional accessibility to trams, train stations, and key arterial routes (including the Eastern Freeway). This property represents a compelling opportunity for investors seeking reliable income with the capital growth potential delivered by Collingwood’s thriving lifestyle and commercial environment.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 43,400 SF | Floors | 3 |
| Property Type | Office (Condo) | Typical Floor Size | 14,467 SF |
| Building Class | C | Lot Size | 0.51 AC |
| Total Building Size | 43,400 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 14,467 SF |
| Lot Size | 0.51 AC |
Amenities
- Natural Light
- Partitioned Offices
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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134-136 Cambridge St
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