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SOLD

288-292 Wellington Street, COLLINGWOOD, VIC 3066

Properties / Sold / Victoria / Collingwood

Development Potential

1. Property Summary

Property Type

Commercial, Residential, Mixed Use

Land Area

513 m² (*approx)

Selling Method

SOLD:

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2. Property Highlights

SOLD $3,200,000

Develop, Occupy or Invest in Booming Collingwood

Savills is delighted to offer for sale this prime landholding, ideally located in highly sought after Collingwood just moments from the Smith Street retail precinct. This property represents a fantastic development site (STCA), owner-occupier or investment opportunity.

The key attributes of 288-292 Wellington Street, Collingwood include:

- A prime landholding of 513sqm* in highly sought after Collingwood

- Prominent Wellington Street frontage of 17m*

- Highly valuable rear access from York Street

- On-site car parking for approximately 10 cars

- Flexible Commercial 1 Zone

- Quality improvements of 390sq m* providing both investment and owner-occupation options

- Short-term lease in place with early termination clause

- Perfectly positioned on Melbourne’s city fringe, in what is arguably Melbourne’s most highly sought after location for both developers and end-users

- Close proximity to the vibrant Smith Street retail strip and direct CBD tram access

- An outstanding development, owner-occupation or investment opportunity!

288-292 Wellington Street, Collingwood is For Sale by Auction Wednesday 6 September at 12 noon on-site.

For further information, please contact:

Julian Heatherich - 0412 995 655

Jesse Radisich - 0402 085 702

Benson Zhou - 0458 488 888

Transaction Advisor:

John Darmody

DARMS Property

www.darms.com.au

Remember to mention you found this property on DevelopmentReady