CBRE is pleased to present for sale the opportunity to acquire an exclusive freehold property within a highly sought after city fringe location, located at 43 Derby Street, Collingwood.
The offering comprises a double fronted two (2) level freehold building on an allotment of 154 square metres*.
The key features of the property can be summarised as follows:
- High quality two level double fronted Victorian boutique office with 175sqm* of NLA.
- Super prime location in one of Melbourne's most tightly held and sought after areas.
- Excellent value-add opportunities.
- Suiting investors and owner occupiers alike.
- Net annual income $56,243* + GST + Outgoings
- Highly valuable rear vehicular access provided via Cambridge Lane
- Future development and/or subdivision potential (STCA)
- Excellent public amenity with trams, trains and buses all at your doorstep.
- Within close proximity to quality thoroughfares including Gertrude Street, Smith Street, Johnston Street, Brunswick Street and Victoria Parade, all less than 1km* from the CBD.
The property is being offered to the market via On-site Public Auction Friday 12th September 2014 at 12:00pm. To obtain further information, or to arrange an inspection, please contact exclusive sales and marketing agents at CBRE.
*Approximate