Stonebridge Property Group is pleased to present 33-37 Hotham Street, Collingwood (corner Budd Street) offered for sale via Expressions of Interest campaign (EOI).

33-37 Hotham Street is a substantial corner landholding bolstered by functional existing improvements. The existing improvements comprise a two-level commercial building, large scale warehouse plus 605 sqm* additional land currently used for car parking.

The landholding is in the heart of Collingwood’s commercial and creative precinct and only moments from retail mecca Smith Street.

The key highlights of the opportunity include:

• Existing improvements comprise a multi-functional commercial building and warehouse with a total building area of 1,117 sqm*.  The improvements are bolstered by 4.33 m* high clearance roller door, common lobby allowing multiple tenants with no capital improvement and self-contained amenities on all floors
• Substantial 1,388 sqm* landholding with significant scope for development upside (STCA)
• Zoned General Residential (GRZ) with existing use rights for commercial operations allowing for uses including but not limited to office/commercial, residential, retail, warehouse or a clever combination (STCA)
• Expansive street presence with a combined frontage of 76.5 m* to Hotham Street and Budd Street, Collingwood allowing for significant development efficiencies and/or retail activation
• Surplus land may allow lightweight construction of an extension and/or additional building (STCA)
• 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 (135 m*)
• Strategically connected to the Melbourne CBD (2 km*) via Smith Street Tram or Collingwood/Victoria Park Train Stations. Alternatively, access is also simple via accessible arterials Wellington Street (20 m*), Johnston Street (50 m*) or Eastern Freeway (600 m*)
• Accompanied by 24+ rare car parks on-site
• Holding income provided via first floor lease
• 33-37 Hotham Street 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.

*Approximately