Offices | Industrial | Development/Land

Property ID: 441955

 

Triple Fronted Collingwood Freehold – Occupy, Re-purpose, Develop Only 160 m* to Smith Street

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

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
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Sold

$2,000,000

Max Warren03 90880055

Dylan Kilner03 90880055

Chao Zhang ??03 90880055