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206 Wellington Street, Collingwood, VIC 3066

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206 Wellington Street, Collingwood, VIC 3066

206 Wellington Street, Collingwood, VIC 3066

Properties / Sold / Victoria / Collingwood
Development Potential

1. Property Summary

Property Type
Commercial, Industrial
Sub Type
Office, Retail/Shopping Centre
Land Area
383 m² (*approx)
Zoning
C2Z
Local Government
Yarra
Selling Method
Auction: AUCTION
Auction Date
23 Jun 2023 10:30PM
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2. Property Highlights

High Exposure 383 SQM* Freehold with Dual Street Access and Development Upside
  • High Exposure 325 sqm* Building
  • Valuable Holding Income
  • Occupy / Invest / Develop

Stonebridge Property Group is pleased to present 206 Wellington Street, Collingwood for sale via Public On-site Auction.

The property is a 383 sqm* landholding and complemented by a high-quality existing building comprising 325 sqm* of expansive building area.

The property has clear development upside (STCA), holding income and the ability to occupy, invest or re-purpose.

Key highlights of the property include:

- Existing improvements comprise a high exposure 325 sqm* building fully renovated with both retail/warehouse capabilities including rear courtyard, mezzanine, roller door and loading bay

- Internally, the property is modern, light filled and fully self-contained comprising end of trip facilities, full kitchen, offices and polished concreate floors

- Underpinned by a substantial 383 sqm* landholding with significant scope for development upside (STCA)

- Zoned Commercial 2 (C2Z) and allowing for a range of uses namely, accommodation, retail, office, warehouse or a clever combination

- Expansive street presence with 12 m* of frontages to Wellington Street plus similar frontage to John Street at the rear. The extensive frontage allows for continued use as a high exposure showroom or alternative uses

- Situated adjoining Australia's leading tertiary arts education college Collarts and neighbouring Collingwood institutions Aunty Pegs, Proud Mary Coffee, Anytime Fitness and Smith and Deli

- Strategically connected to the Melbourne CBD (2 km*) via Smith Street Tram (300 m*) or Collingwood/Victoria Park Train Stations (575 m*). Alternatively, access is also simple via major arterials Johnston Street (300 m*) or Eastern Freeway (900 m*)

- Accompanied by 2 rare car parks on-site accessed via rear roller door

- Short-term holding income to quality tenant History with the ability for potential long-term re-commitment to suit investors

206 Wellington Street provides the opportunity to secure a freehold office/warehouse/showroom with income ready for renegotiation, owner-occupation or future development activation.

The property is for sale via Public On-site Auction on Friday 23rd June 2023 at 12:30pm (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren

0488 296 892

Dylan Kilner

0459 396 341

Shawn Luo 罗霄

0412 338 918

*Approximately

Property Code: 651

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Commercial, Industrial
Sub-type
Office, Retail/Shopping Centre
Land Area
383 m² (*approx)
C2Z
Local Government
Yarra
Selling method
Auction: AUCTION
Auction Date
23 Jun 2023 10:30PM

2. Property Highlights

High Exposure 383 SQM* Freehold with Dual Street Access and Development Upside
  • High Exposure 325 sqm* Building
  • Valuable Holding Income
  • Occupy / Invest / Develop

Stonebridge Property Group is pleased to present 206 Wellington Street, Collingwood for sale via Public On-site Auction.

The property is a 383 sqm* landholding and complemented by a high-quality existing building comprising 325 sqm* of expansive building area.

The property has clear development upside (STCA), holding income and the ability to occupy, invest or re-purpose.

Key highlights of the property include:

- Existing improvements comprise a high exposure 325 sqm* building fully renovated with both retail/warehouse capabilities including rear courtyard, mezzanine, roller door and loading bay

- Internally, the property is modern, light filled and fully self-contained comprising end of trip facilities, full kitchen, offices and polished concreate floors

- Underpinned by a substantial 383 sqm* landholding with significant scope for development upside (STCA)

- Zoned Commercial 2 (C2Z) and allowing for a range of uses namely, accommodation, retail, office, warehouse or a clever combination

- Expansive street presence with 12 m* of frontages to Wellington Street plus similar frontage to John Street at the rear. The extensive frontage allows for continued use as a high exposure showroom or alternative uses

- Situated adjoining Australia's leading tertiary arts education college Collarts and neighbouring Collingwood institutions Aunty Pegs, Proud Mary Coffee, Anytime Fitness and Smith and Deli

- Strategically connected to the Melbourne CBD (2 km*) via Smith Street Tram (300 m*) or Collingwood/Victoria Park Train Stations (575 m*). Alternatively, access is also simple via major arterials Johnston Street (300 m*) or Eastern Freeway (900 m*)

- Accompanied by 2 rare car parks on-site accessed via rear roller door

- Short-term holding income to quality tenant History with the ability for potential long-term re-commitment to suit investors

206 Wellington Street provides the opportunity to secure a freehold office/warehouse/showroom with income ready for renegotiation, owner-occupation or future development activation.

The property is for sale via Public On-site Auction on Friday 23rd June 2023 at 12:30pm (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren

0488 296 892

Dylan Kilner

0459 396 341

Shawn Luo 罗霄

0412 338 918

*Approximately

Property Code: 651

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

206 Wellington Street, Collingwood, VIC 3066

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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