For Sale

21-53 Hoddle Street, COLLINGWOOD 3066

  • Building Area 15,410 m²
  • Sale Price CONTACT AGENT

SCALE, SCOPE AND INCOME – A PREMIUM CITY FRINGE GATEWAY LANDBANK INVESTMENT

Highlights

  • Triple Street Frontage
  • Strong Income Stream
  • Future Mixed-Use Opportunity (STPA)

Description

EXPRESSIONS OF INTEREST CLOSING THURSDAY 5TH SEPTEMBER AT 5PM.

ICR Property Group, in conjunction with CBRE, 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:

ICR Property Group: Raff De Luise – 0418 533 633

ICR Property Group: Julian Materia – 0498 188 011

Zoning Commercial 1 Zone Council

Yarra City Council

Tenure

Tenanted Investment

Pricing

All prices are indicative plus GST (if any).

Building Area 15,410 m² Land Area 5,390 m²

Documents

Agents

Raff De Luise

Julian Materia

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