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Tuesday, March 4, 2008

132 Smith Street, Collingwood - My First Australia Property

I had been telling people that I'm going into Australia property soon, and this is the location 132, Smith Street, Collingwood, Victoria!

I have been eying this location for quite a while with my pal KS Low and finally the project is going to be launched soon.

Above is the picture of Smith Street with the old post office in the foreground (picture by Mat Connolley, from Wiki).


Why we favour this location?
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Smith Street is one of Melbourne’s oldest shopping strips. It'a between the suburb of Fitzroy and Collingwood. Filled with cafes, restaurants, Smith Street is a Gen-Y street that is rather close to the Melbourne CBD. Perpendicular to Smith Street is Johnston Street where nightlife is prevalent with the happening pubs spanning almost the whole street.

Smith Street is analogous to Lygon street of Carlton where countless Italian restaurants are located. Collingwood's proximity to the CBD prompted numerous residential developments over the year. Gradually, warehouses are being renovated and converted to residential units to meet the growing demand of inner-city suburb living.

Location wise, Smith Street runs north-south from Victoria Parade at its southernmost end to Queens Parade. Between Victoria Parade and Alexandra Parade, it forms the boundary between Fitzroy and Collingwood; the short segment north of Alexandra Parade is in Clifton Hill. Smith Street is located a block east of Brunswick Street. From Gertrude Street to Queens Parade, Smith Street forms part of tram route 86.



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