Substantial 668 sqm* Inner City Office/Warehouse Freehold with Upside & Income
Stonebridge Property Group is pleased to present 45-49 Sackville Street, Collingwood, offered for sale for the first time in 28 years.
45-49 Sackville Street is a 511 sqm* freehold landholding comprising a dynamic and highly flexible dual level building plus upside via underutilised land and complemented by holding income.
The property is situated in the highly active northern Collingwood precinct and only moments from retail mecca Smith Street.
The key highlights of the opportunity include:
- Existing improvements comprise a multi-functional 668 sqm* building across two open plan floor plates. Complemented by high clearance roller door, brand-new bathroom amenity, 3-phase power, and intelligent office design
- Substantial 511 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 clever combination
- Expansive street presence with over 23 m* of frontage to Sackville Street, allowing for significant development efficiencies and/or retail activation
- Surplus land may allow immediate lightweight construction of an extension and/or additional building (STCA)
- Situated in the highly active northern precinct of Collingwood. A precinct defined by converted warehouses, breweries, coffee roasters, all bolstered by direct access to iconic Smith Street (215 m*)
- Strategically connected to the Melbourne CBD (2 km*) via Smith Street Tram or Collingwood/Victoria Park Train Stations. Alternatively, access is also simple via accessible arterials Wellington Street (10 m*), Johnston Street (30 m*) or Eastern Freeway (650 m*)
- Accompanied by 6 rare on-site car parks
- Fully leased providing holding income
*Approximately
45-49 Sackville Street is an opportunity to secure a quintessential Collingwood freehold in a burgeoning office/retail precinct.
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
Property Code: 623
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