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21-53 Hoddle Street Collingwood VIC 3066

  • Development / Land
  • 5,390 m²
  • Expressions of Interest

SCALE, SCOPE AND INCOME A PREMIUM CITY FRINGE GATEWAY LANDBANK INVESTMENT

  • TRIPLE STREET FRONTAGE
  • STRONG INCOME STREAM
  • FUTURE MIXED-USE OPPORTUNITY (STPA)

CBRE, in conjunction with ICR Property Group, are pleased to present 21-53 Hoddle Street, Collingwood a one of a kind, 5,390 sqm* land parcel with an enormous triple street frontage of 272 m*.

The site has flexible Commercial 1 zoning representing an outstanding development opportunity that suits future mixed-use, residential, office, retail or hotel development (STPA).

Currently utilised as a major car dealership, the property is being offered with a flexible leaseback in place for $2,500,000 net income per annum.

Investment highlights:

+ Prime Collingwood landholding of 5,390sqm* with an extensive triple street frontage totalling 272sqm* across Langridge, Hoddle and Islington Streets
+ Currently improved with a prominent four (4) level showroom and office building of 16,4149sqm*
+ Offered with a strong income stream of $2,500,000 net per annum*
+ Highly flexible Commercial 1 Zoning, allowing for future mixed-use, residential, office or hotel development (STPA)
Location highlights:
+ Superbly positioned in the heart of booming Collingwood, the property is located just 1.6km* away from the Melbourne CBD
+ Excellently serviced by public transport Victoria Parade tram line and North Richmond and Collingwood Train Stations are all a very short walk away, providing direct Melbourne CBD access
+ Quality retail amenity within walking distance. Smith & Gertrude Streets, an iconic day and night precinct, is just 700m* away, and the Hive Shopping Centre only 400m*
+ Surrounded by the very best of Melbourne, MCG & Sporting Precinct, Yarra River Walking/Cycling Trail, Fitzroy Gardens and Australian Catholic University all within close proximity

*Approx.

To obtain due diligence documents or to organise an inspection, please contact one of below Exclusive Sales Agents:

CBRE: Josh Rutman 0411 273 746

CBRE: Julian White - 0422 764 137

CBRE: Mark Wizel - 0411 694 756

ICR Property Group: Raff De Luise 0418 533 633

ICR Property Group: Julian Materia 0498 188 011

EXPRESSION OF INTEREST

Closing date and time05/09/2019 17:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Property ID2015499585
Floor Area16,149 m²
Land Area5,390 m²
EnergyAsk Agent
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  12 Sep 2019
Map for 21-53 Hoddle Street Collingwood VIC 3066
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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