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Commercial, Residential, Mixed Use
21-53 Hoddle Street, Collingwood, VIC, 3066

Property details

  • Property ID:
    17505
  • For Sale:
    Contact Agent
  • Area:
    0.54 hectares (*approx)
  • Type:

    Commercial: Office / Retail

    Residential: Apartment Sites, Hotel Sites

    Mixed Use:

  • Development Potential:
    Suits future mixed-use, residential, office, retail or hotel development (STPA)
Agency information
Raff De Luise
Julian Materia
Agency information
Julian White
Josh Rutman

Overview

SCALE, SCOPE AND INCOME – A PREMIUM CITY FRINGE GATEWAY LANDBANK INVESTMENT
 
CBRE, in conjunction with ICR Property Group, are pleased to present 21-53 Hoddle Street, Collingwood – a one of a kind, 5,390 sqm* land parcel with an enormous triple street frontage of 272 m*.
 
The site has flexible Commercial 1 zoning representing an outstanding development opportunity that suits future mixed-use, residential, office, retail or hotel development (STPA).
Currently utilised as a major car dealership, the property is being offered with a flexible leaseback in place for $2,500,000 net income per annum. 
 
Investment highlights:
  • Prime Collingwood landholding of 5,390sqm* with an extensive triple street frontage totalling 272sqm* across Langridge, Hoddle and Islington Streets
  • Currently improved with a prominent four (4) level showroom and office building of 15,410sqm*
  • Offered with a strong income stream of $2,500,000 net per annum*
  • Highly flexible Commercial 1 Zoning, allowing for future mixed-use, residential, office or hotel development (STPA)
  • Location highlights:
  • Superbly positioned in the heart of booming Collingwood, the property is located just 1.6km* away from the Melbourne CBD
  • Excellently serviced by public transport – Victoria Parade tram line and North Richmond and Collingwood Train Stations are all a very short walk away, providing direct Melbourne CBD access
  • Quality retail amenity within walking distance. Smith & Gertrude Streets, an iconic day and night precinct, is just 700m* away, and the Hive Shopping Centre only 400m*
  • Surrounded by the very best of Melbourne, MCG & Sporting Precinct, Yarra River Walking/Cycling Trail, Fitzroy Gardens and Australian Catholic University all within close proximity
*Approx.
 
To obtain due diligence documents or to organise an inspection, please contact one of below Exclusive Sales Agents:
 
CBRE: Josh Rutman – 0411 273 746
CBRE: Julian White - 0422 764 137
CBRE: Mark Wizel - 0411 694 756
ICR Property Group: Raff De Luise – 0418 533 633 
ICR Property Group: Julian Materia – 0498 188 011

Remember to mention you found this property on DevelopmentReady.com.au
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