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108-112 Johnston Street, Collingwood, VIC, 3066
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1. Property Summary
Land Area
647 m² (*approx)
Selling Method
EOI: Contact Agent
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2. Property Highlights
Flexibility is the Key - Occupy/ Develop/Invest with Income
Ryder Commercial has the pleasure of offering this city fringe outstanding landholding and development opportunity known as 108 – 112 Johnston Street, Collingwood.
This holding offers an exceptional opportunity for astute developers, owner occupiers and/or investors to acquire a unique parcel of land in one of Melbourne’s most highly sought after locations.
Key Characteristics of 108 – 112 Johnston Street, Collingwood include:
- Building Area of 963 m2
- High profile land area of 647 m2
- Over 20 metre frontage
- Commercial 1 Zone within the JOHNSTON STREET ACTIVITY CENTRE
- Preferred maximum building height of 24 metres
- Potential 6 – 7 level development potential (STCA)
- Income of $152,418 p.a net plus upside
- Fully let income potential of over $200,000 p.a net
- Ideal owner occupier, development or investor opportunity in tightly held market
- Close proximity to the CBD
- Blue Chip Location and Landbank opportunity
- First time offered in 25 years
Remember to mention you found this property on DevelopmentReady
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Development Potential
1. Property Summary
Land Area
647 m² (*approx)
Selling method
EOI: Contact Agent
2. Property Highlights
Flexibility is the Key - Occupy/ Develop/Invest with Income
Ryder Commercial has the pleasure of offering this city fringe outstanding landholding and development opportunity known as 108 – 112 Johnston Street, Collingwood.
This holding offers an exceptional opportunity for astute developers, owner occupiers and/or investors to acquire a unique parcel of land in one of Melbourne’s most highly sought after locations.
Key Characteristics of 108 – 112 Johnston Street, Collingwood include:
- Building Area of 963 m2
- High profile land area of 647 m2
- Over 20 metre frontage
- Commercial 1 Zone within the JOHNSTON STREET ACTIVITY CENTRE
- Preferred maximum building height of 24 metres
- Potential 6 – 7 level development potential (STCA)
- Income of $152,418 p.a net plus upside
- Fully let income potential of over $200,000 p.a net
- Ideal owner occupier, development or investor opportunity in tightly held market
- Close proximity to the CBD
- Blue Chip Location and Landbank opportunity
- First time offered in 25 years
Remember to mention you found this property on DevelopmentReady
Read More
