Gorman Commercial are pleased to offer both 14-16 Sackville Street and 5 Easey Street, Collingwood for sale by way of Expressions of Interest closing Thursday 21st August at 3pm. The properties are being offered to the market on a Buy One or Buy Both basis.
Offered for the first time in 50 years, the properties offer two generational freeholds on the doorstep of Melbourne's best retail & nightlife precinct and within arguably the best city fringe pocket of Melbourne.
Key highlights of the two properties are as follows:
* Situated at the top end of Sackville Street & Easey Street, metres from Smith Street and surrounded by retail, breweries, coffee roasters, cafes and metres from Smith Street nightlife and entertainment.
* Surrounded by a large number of residential and commercial developments
* The area is underpinned by major tenants, including Woolworths, Dan Murphy's, Officeworks.
* Outstanding public transport amenity, including Collingwood train station, smith street tram lines and multiple bus routes along Alexandra Parade and Johnston Street as well as major arterial routes.
14-16 Sackville Street:
* Versatile two-level freehold comprising showroom on the ground floor and first floor office.
* Total building area of 550sqm
* Prime landholding of 270sqm and significant frontage to Sackville Street of 9+ metres.
* Holding income providing scope for future owner occupation, investment or value-add redevelopment
5 Easey Street:
* Substantial Collingwood landholding of 555sqm
* Character filled two level converted warehouse of 960sqm
* Ground floor comprising warehouse and office
* First floor has a predominantly open plan office space with multiple meeting, board rooms and associated kitchen/breakout areas
* No heritage overlay on the property providing future development upside.