Stonebridge Property Group is pleased to present 9-11 Budd Street, Collingwood (corner Sackville Street).
9-11 Budd Street, Collingwood is a triple fronted freehold office/warehouse with substantial existing improvements, secure under croft car parking and ability to house multiple tenants.
The property is situated on Sackville Street, largely becoming one of Collingwood's second retail strips, leveraging off the back of Smith Street which is located on 160 m* from the property.
Key highlights of the property include:
- Existing improvements comprise a multi-functional commercial/retail/warehouse building with a total area of 373 sqm*. The improvements are bolstered by 3 m* high clearance roller door into internal loading bay, open plan multi-functional ground floor including reception area plus modern first floor
- Short-term holding income (6-months) supplied by Australia's largest print & design network Snap Print Solutions. Snap boast 125+ stores nationally underpinning the security of the covenant
- Substantial 405 sqm* triple fronted landholding with significant scope for development upside (STCA)
- Expansive street presence with a combined frontage of 59.14 m* to Sackville Street and Budd Street, Collingwood allowing for significant retail activation to an already retail centric street
- Situated in the highly active northern precinct of Collingwood. A precinct defined by converted warehouses, breweries, coffee roasters all bolstered by direct access to iconic Smith Street (160 m*)
- Strategically connected to the Melbourne CBD (1.9 km*) via Smith Street Tram or Collingwood/Victoria Park Train Stations. Alternatively, access is also simple via accessible arterials Wellington Street (50 m*), Johnston Street (30 m*) or Eastern Freeway (700 m*)
- Accompanied by 7 rare car parks on-site accessed via under croft
- Neighbouring retail and hospitality operators such as Pedla, Cibi, Everyday Coffee, A Coffee, 1 Sackville, Molly Rose Brewing, Chotto Motto and The Mill Brewery
9-11 Budd Street, Collingwood provides an opportunity to purchase a value-add headquarters for an expanding business in Collingwood's most creative and burgeoning office, retail and residential precinct.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group
Max Warren
0488 296 892
Dylan Kilner
0459 396 341
Chao Zhang
0411 625 068
* Approximate
Property Code: 901