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SOLD

88-92 Smith Street, Collingwood VIC 3066

Properties / Sold / Victoria / Collingwood

Development Approved

1. Property Summary

Property Type

Mixed Use

Land Area

1,092 m² (*approx)

Selling Method

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2. Property Highlights

DOUBLE FRONTAGE, DOUBLE PERMIT, DOUBLE OPPORTUNITY

88-92 SMITH STREET & 23 LITTLE OXFORD STREET, COLLINGWOOD

TENDER: Closing Wednesday 21st September at 2pm at the Beller Commercial office

88-92 Smith Street:

· Land Area: 950 sqm (approx)

· Existing Rental: $199,818 pa*

· Two (2) street frontages

· Existing Planning Permit Approved for 47 apartments, car parking & 4 retail shops

23 Little Oxford Street:

· Land Area: 142 sqm (approx)

· Zoning: Commercial 1

· Boutique development

· Existing Planning Permit Approved for 8 apartments & 1 office

Be part of the action in Collingwood which is less than 1.5 kilometres* from the Melbourne CBD.

This property has two (2) street frontages being Smith Street and Little Oxford Street. Currently being utilised as 4 retail shops, factory and car parking, the opportunity exists to reinvigorate.

Two existing fully Approved Planning Permits allows the astute developer/builder to capitalise on a project in one of Melbourne’s best city fringe precincts.

Underpinned by the vibrancy of Smith Street business precinct that includes a recently completed Coles Supermarket and Shopping Centre. Furthermore, many national and local enterprises provide the amenity desired by existing and new residents.

Now is the time to act and buy one or both of these rare and unique city fringe opportunities.

Remember to mention you found this property on DevelopmentReady