



Jones Real Estate is pleased to present Smith St Bistrot, 300 Smith Street, Collingwood, to the market For Sale via Deadline Private Sale closing Wednesday 7th October 2026 at 12:30pm (AEDT). Backed by the Scott Pickett Group and secured by a long-term lease with structured rental growth, the asset offers a rare opportunity to acquire freestanding building with an iconic tenant in one of Melbourne's tightest-held retail and hospitality markets. Key investment highlights include: - Currently returning $120,205.44 per annum plus GST & Outgoings, with fixed 4% annual increases providing structured rental growth. - The property is secured by a five-year lease with two further five-year options extending through to 2039, delivering long-term holding income. - The lease is further supported by a Director's Guarantee from Scott Pickett and a security bond equivalent to seven months' rent plus GST. - The property is leased to 'Bottier 300 Pty Ltd' trading as 'Smith St Bistrot', Scott Pickett's acclaimed French bistrot, on one of Melbourne's most in-demand hospitality strips. - The asset comprises 344 sqm* of gross lettable area – retail (GLAR) on a 184 sqm* landholding with a 7m* Smith Street frontage and rear access via alleyway. - An opulent, heritage-led fit out evokes a 1920s Parisian brasserie, with marble tables, chandeliers and a private dining room reached via a striking spiral staircase. - Part of the Scott Pickett stable, home to some of Melbourne's most celebrated dining destinations including Chancery Lane, Smith St Hotel, Estelle and Longrain. - Zoned C1Z – Commercial 1 Zone. *Approx. For further information or to arrange an inspection, please contact the exclusive agents at Jones Real Estate. Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
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Property ID: 505226604
Original Property ID: 505226604