Back 2/398 Smith Street
Off Market

2/398 Smith Street

Collingwood VIC 3066

1
2
2
Apartment
Last sold for $865,000
Simon ShrimptonSimon Shrimpton, last sold this property on 03 December 2025 after 55 days on market.

Overview

Former bakery with tremendous flexibility

For Sale via Expressions of Interest Boasting a magnificent period façade, and once home to "FUNGE & SONS", this old bakery has so much on offer. Tucked away off the main street, this lovely, secluded building sits upon a brick-paved courtyard and is layered in natural light throughout. Running over 2 generous levels, the open-plan office space with high ceilings offers tremendous flexibility in application. Zoned Commercial 1, there are enormous possibilities here for business and/or residential use (STCA). Also includes kitchenette, 2 bathrooms, heating/cooling and 2 car spaces on title. A superb location surrounded by an array of Melbourne's best bars, cafes and restaurants just moments to the CBD.

Features

1 bedroom
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Collingwood over the last 12 months, the estimated median property value of 2/398 Smith Street is $440k.

Median value
$440k
Estimated value range
$200k - $1.3m
Median days on market
32
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Collingwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/398 Smith Street

2025
Sold
$865,000
Private Sale/Treaty on 03 Dec 2025 by Simon Shrimpton, of Jellis Craig Fitzroy

Happy sellers in Collingwood

92%
92% of sellers in Collingwood reported that their sale price either exceeded or met their price expectations.

Collingwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Collingwood over the last 12 months.

Local market activity for 1 bedroom apartments in Collingwood

In the last 12 months, 89 one-bedroom apartments similar to 2/398 Smith Street, have been sold.

This represents a 10% increase in one-bedroom apartments sales when compared to the previous 12 months.

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