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106-120 Gipps Street
Collingwood VIC 3066
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Sold on 7 May 2024

106-120 Gipps Street Collingwood VIC 3066

  • Development / Land
  • 1,538 m²
  • Sold

EXISTING OFFICE/WAREHOUSE PROVIDING STRONG CURRENT INCOME SITUATED ON HIGH EXPOSURE CORNER WITHIN BLUE-CHIP LOCATION

  • C1Z Land With 3 Frontages
  • Providing Annual Income Of $490,438*
  • Office/Warehouse/Showroom Improvements

CBRE Melbourne Metropolitan Sales is pleased to present a Collingwood high profile land rich offering with significant residential development scope (STCA).

One of the last remaining undeveloped Commercial 1 Zone landholdings over 1,500sqm* this highly rare opportunity comprises the following:

+ 1,538sqm* Commercial 1 Zone Landholding

+ Established multi-level Office, Warehouse & Showroom improvements over 1,595sqm* GBA

+ Three (3) frontages to Gipps Street & Hood Street providing high exposure & great natural light and separation for new development

+ Ample on-site car parking for up to 18 vehicles

+Strong current annual income of $490,438sqm*

+ Well serviced by an array of public transport options with both Collingwood & North Richmond Stations located within walking distance

+ Located within one of Yarra City's most expensive suburbs, Collingwood, with a median house price of $1,163,000*

+Located only moments from the highly active Wellington Street retail and dining precinct

+ Flexible Commercial 1 Zone allowing for a range of uses, including office, residential hotel, build-to-rent, heathcare, retail and/or education (STCA) as well as significant development scope

For further information please contact the exclusive sales and marketing agents at CBRE:

David Minty
+61 422 564 199
david.minty@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 1... ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold7 May 2024
Floor Area1,595 m²
Land Area1,538 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2019077819
Category
Last updated  7 May 2024
Map for 106-120 Gipps Street Collingwood VIC 3066
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold7 May 2024
Floor Area1,595 m²
Land Area1,538 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2019077819
Category
Last updated  7 May 2024

More about 106-120 Gipps Street Collingwood VIC 3066

106-120 Gipps Street Collingwood VIC 3066 is categorized as Land & Development Property. It has a floor area of 1,595 m² and a land area of 1,538 m². The listing ID for this property is 2019077819.

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