Teska Carson is thrilled to present 169-177 Victoria Parade, Collingwood for sale, providing outstanding opportunity for developers and owner occupiers seeking to capitalise on Collingwood’s emergence as a preferred city fringe location.
For sale via Expressions of Interest closing Wednesday 19th October at 3pm.
Key investment considerations include:
COLLINGWOOD:
- 2 km to Melbourne’s CBD
- Minutes' walk to transport, commercial hubs, outstanding hospitality providers and showrooms
- Neighbouring anchor tenants include BUNNINGS, PORSCHE, JET STAR, MELBOURNE PATHOLOGY, SMEG
- The property benefits from outstanding connectivity with three train stations within walking distance as well as several tram routes. The property is also well connected to Melbourne’s arterial road network including Hoddle Street/Punt Road and the M1 and M3
THE PROPERTY:
- 2,181 square metres of land with a mix of Commercial 1 and Commercial 2 zoning
- 1,993m2 of existing building
- Three street frontages - Victoria Parade, Cromwell Street and Rupert Street
- Secure car parking for 23 cars
- Offered for sale with Vacant possession
THE OPPORTUNITY:
- A combination of C1Z and C2Z provides opportunity for a mix of residential and commercial outcomes (STCA)
- Several value-add opportunities utilizing the substantial current improvements, including building refurbishment to cater to strong demand from office tenants seeking warehouse style office/showroom accommodation
- A truly unique offering for owner occupiers to secure a standalone HQ with substantial carparking
SALE PROCESS:
For sale via Expressions of Interest closing Wednesday 19th October at 3pm.
