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Stonebridge Property Group - Melbourne

206 Wellington Street Collingwood, VIC 3066

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206 Wellington Street,
Collingwood, VIC 3066

Shops & Retail • Offices • Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Car spaces

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Stonebridge Property Group - Melbourne
Max Warren
Dylan Kilner

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
206 Wellington Street
Collingwood, VIC 3066

Map of 206 Wellington Street

Directions

High Exposure 383 SQM* Freehold with Dual Street Access and Development Upside

  • High Exposure 325 sqm* Building
  • Valuable Holding Income
  • Occupy / Invest / Develop
Stonebridge Property Group is pleased to present 206 Wellington Street, Collingwood for sale via Public On-site Auction.

The property is a 383 sqm* landholding and complemented by a high-quality existing building comprising 325 sqm* of expansive building area.

The property has clear development upside (STCA), holding income and the ability to occupy, invest or re-purpose.

Key highlights of the property include:

- Existing improvements comprise a high exposure 325 sqm* building fully renovated with both retail/warehouse capabilities including rear courtyard, mezzanine, roller door and loading bay

- Internally, the property is modern, light filled and fully self-contained comprising end of trip facilities, full kitchen, offices and polished concreate floors

- Underpinned by a substantial 383 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 a clever combination

- Expansive street presence with 12 m* of frontages to Wellington Street plus similar frontage to John Street at the rear. The extensive frontage allows for continued use as a high exposure showroom or alternative uses

- Situated adjoining Australia's leading tertiary arts education college Collarts and neighbouring Collingwood institutions Aunty Pegs, Proud Mary Coffee, Anytime Fitness and Smith and Deli

- Strategically connected to the Melbourne CBD (2 km*) via Smith Street Tram (300 m*) or Collingwood/Victoria Park Train Stations (575 m*). Alternatively, access is also simple via major arterials Johnston Street (300 m*) or Eastern Freeway (900 m*)

- Accompanied by 2 rare car parks on-site accessed via rear roller door

- Short-term holding income to quality tenant History with the ability for potential long-term re-commitment to suit investors

206 Wellington Street provides the opportunity to secure a freehold office/warehouse/showroom with income ready for renegotiation, owner-occupation or future development activation.

The property is for sale via Public On-site Auction on Friday 23rd June 2023 at 12:30pm (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren
0488 296 8...

Dylan Kilner
0459 396 3...

Shawn Luo 罗霄
0412 338 918

*Approximately

Property Code: 651

Collingwood, 3066 demographic data

The median household income for Collingwood is $2,130, 12% higher than Greater Melbourne's household income of $1,901. Collingwood has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 65% of property owners in Collingwood have a mortgage.

9,179
Population
$2,130 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households

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