37 Langridge Street
Collingwood, VIC 3066

This boutique hospitality property is situated at the street level of Holme, a meticulously designed residential development by the acclaimed John Wardell Architects. It enjoys a prime location near the lively Smith and Gertrude Streets, offering excellent exposure and accessibility.

The premises feature polished concrete flooring, a classic brick façade, and distinctive north-facing New York style steelwork windows that enhance natural light and aesthetic appeal.

Key features of the property include:

• A recently renewed 5-year lease with a well-established Collingwood hospitality operator, Code Pizza, led by a highly skilled Italian pizza maker.
• Recognition as one of the Top 10 Best Pizzas in Melbourne 2024 by Urban List.
• Net annual income of $60,000 plus GST and outgoings, with fixed 3% annual rental increases providing stable and predictable returns.
• Prime commercial space measuring approximately 110 square meters, offering ample room for operations.
• A permit for a liquor license accommodating up to 85 patrons, enhancing business potential.
• Availability of 3-phase power to support various commercial equipment and operations.
• A secure undercover car space included on title, along with a dry store, adding convenience and value.
• A stunning interior fitout designed by IF Architecture, reflecting quality and attention to detail.
• Located within a major development precinct of Collingwood, surrounded by significant residential and commercial growth, ensuring ongoing demand and vibrancy in the area.

This property represents a rare investment opportunity, combining a high-quality asset with a reputable tenant in a thriving precinct. It is well-suited for investors seeking a stable income stream and long-term capital growth potential.

For further information or to arrange an inspection, please contact the exclusive sales agents.