Name: 58-62 Rupert Street, Collingwood VIC
Address: 58-62 Rupert Street VIC, Collingwood, VIC, 3066
Telephone: +61 419 473 504

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58-62 Rupert Street, Collingwood VIC

Properties / Buy / Victoria / Collingwood

Development Potential

1. Property Summary

Property Type

Commercial, Child/Healthcare, Industrial, Mixed Use

Sub Type

Hotel Sites, Office, Other, Retail/Shopping Centre, Tourist Cabins / B&B's, Land Site, Aged Care, Child Care, Medical, Health Care, Other, Land Site, Land Site, Land Site

Land Area

712 m² (*approx)

Zoning

Commercial 2

Local Government

City of Yarra

Selling Method

Auction: 27 November at 12.30 pm

DOCUMENTS AVAILABLE

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Auction Date

27 Nov 2024 12:30PM

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2. Property Highlights

Significant CBD fringe freehold with two street frontages

Occupy, Invest, Value-Add, Capitalise
Holding income
Well below replacement cost

Ryder Commercial have the privilege of offering this rare freehold on the fringe of the CBD. 58-62 Rupert Street Collingwood possesses significant attributes including –

+ Freehold landholding of 712 m2* with two street frontages to Rupert Street and Brown Street

+ Significant re-purposed office building totaling 1,937 m2* with excellent natural light

+ Wide appeal for Investors, Developers and Owner Occupiers with multiple development and investment outcomes possible.

+ Holding income of $146,000 per annum*

+ Potential fully leased income of over $450,000 p.a

+ Desirable Commercial 2 zoning

+ Concept to add two additional levels providing a gross building area of 2,600 m2 plus terrace/balcony of 200 m2

+ Fully air-conditioned and heated

+ Passenger lift servicing all floors

+ Dual roller doors from Brown Street

+ End of trip facilities on multiple levels

+ Located within a thriving urban and business location surrounded by cafes, restaurants, bars and lifestyle amenities.

This Rare Opportunity is offered to the market for the first time in 25 years!

58-62 Rupert Street Collingwood is For Sale by Public Auction Wednesday 27th November 2024 at 12.30pm on-site

To obtain further information or to arrange an inspection, please contact exclusive selling agents Ryder Commercial –

David Gibellini 0419 473 504

Paul Sberna 0414 315 728

*Approx

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