GrayJohnson and Nelson Alexander Commercial are pleased to offer for sale this versatile development site in Melbourne's hottest city fringe location.
Currently leased to an established tenant, the property offers immediate returns and excellent scope for redevelopment.
The Opportunity:
> Well-proportioned site of 916 sqm*
> Expansive 30-metre* frontage to Sackville Street
> Significant potential for future development^
> Advantageous height controls
> Zoned Commercial 1
> Current income - $122,003 pa (with demolition clause)
The Location:
> Only minutes to Smith Street - voted the World's coolest retail and entertainment strip this year
> In-demand position with significant and recent residential & office development nearby
> Bus, tram and train transport close-by
> Just 2.5kms* to Melbourne's CBD
EOI closing Tuesday 21 September @ 1 pm
*approx
^STCA
Remember to mention you found this property on DevelopmentReady
GrayJohnson and Nelson Alexander Commercial are pleased to offer for sale this versatile development site in Melbourne's hottest city fringe location.
Currently leased to an established tenant, the property offers immediate returns and excellent scope for redevelopment.
The Opportunity:
> Well-proportioned site of 916 sqm*
> Expansive 30-metre* frontage to Sackville Street
> Significant potential for future development^
> Advantageous height controls
> Zoned Commercial 1
> Current income - $122,003 pa (with demolition clause)
The Location:
> Only minutes to Smith Street - voted the World's coolest retail and entertainment strip this year
> In-demand position with significant and recent residential & office development nearby
> Bus, tram and train transport close-by
> Just 2.5kms* to Melbourne's CBD
EOI closing Tuesday 21 September @ 1 pm
*approx
^STCA
Remember to mention you found this property on DevelopmentReady
73-77 Sackville Street, Collingwood, VIC, 3066
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis