9-11 Budd Street (Corner Sackville Street), Collingwood, VIC 3066

Offices | Industrial | Development/Land

Sold

  • Property ID: 441955
  • Floor Area: 373m²
  • Land Area: 405m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 19/04/2024 373m2 405m2 Contact Agent
Triple Fronted Collingwood Freehold – Occupy, Re-purpose, Develop Only 160 m* to Smith Street

Stonebridge Property Group is pleased to present 9-11 Budd Street, Collingwood (corner Sackville Street).

9-11 Budd Street, Collingwood is a triple fronted freehold office/warehouse with substantial existing improvements, secure under croft car parking and ability to house multiple tenants.

The property is situated on Sackville Street, largely becoming one of Collingwood’s second retail strips, leveraging off the back of Smith Street which is located on 160 m* from the property.

Key highlights of the property include:

- Existing improvements comprise a multi-functional commercial/retail/warehouse building with a total area of 373 sqm*. The improvements are bolstered by 3 m* high clearance roller door into internal loading bay, open plan multi-functional ground floor including reception area plus modern first floor

- Short-term holding income (6-months) supplied by Australia’s largest print & design network Snap Print Solutions. Snap boast 125+ stores nationally underpinning the security of the covenant

- Substantial 405 sqm* triple fronted landholding with significant scope for development upside (STCA)

- Expansive street presence with a combined frontage of 59.14 m* to Sackville Street and Budd Street, Collingwood allowing for significant retail activation to an already retail centric street

- 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 (160 m*)

- Strategically connected to the Melbourne CBD (1.9 km*) via Smith Street Tram or Collingwood/Victoria Park Train Stations. Alternatively, access is also simple via accessible arterials Wellington Street (50 m*), Johnston Street (30 m*) or Eastern Freeway (700 m*)

- Accompanied by 7 rare car parks on-site accessed via under croft

- Neighbouring retail and hospitality operators such as Pedla, Cibi, Everyday Coffee, A Coffee, 1 Sackville, Molly Rose Brewing, Chotto Motto and The Mill Brewery

9-11 Budd Street, Collingwood provides an opportunity to purchase a value-add headquarters for an expanding business in Collingwood’s most creative and burgeoning office, retail and residential 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

Chao Zhang ??
0411 625 068



* Approximate

Property Code: 901

Collingwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6196 $264 4.26%
Offices $5191 $389 7.50%
Industrial $3380 $191 5.64%
This is the average advertised price, rent and yield for Collingwood, VIC 3066*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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