Stonebridge Property Group is pleased to present 206 Wellington Street, Collingwood for sale via Public On-site Auction.

The property is a 383 sqm* landholding and complemented by a high-quality existing building comprising 325 sqm* of expansive building area.  

The property has clear development upside (STCA), holding income and the ability to occupy, invest or re-purpose.

Key highlights of the property include: 

• Existing improvements comprise a high exposure 325 sqm* building fully renovated with both retail/warehouse capabilities including rear courtyard, mezzanine, roller door and loading bay
• Internally, the property is modern, light filled and fully self-contained comprising end of trip facilities, full kitchen, offices and polished concreate floors
• Underpinned by a substantial 383 sqm* landholding with significant scope for development upside (STCA)
• Zoned Commercial 2 (C2Z) and allowing for a range of uses namely, accommodation, retail, office, warehouse or a clever combination
• Expansive street presence with 12 m* of frontages to Wellington Street plus similar frontage to John Street at the rear. The extensive frontage allows for continued use as a high exposure showroom or alternative uses
• Situated adjoining Australia’s leading tertiary arts education college Collarts and neighbouring Collingwood institutions Aunty Pegs, Proud Mary Coffee, Anytime Fitness and Smith and Deli
• Strategically connected to the Melbourne CBD (2 km*) via Smith Street Tram (300 m*) or Collingwood/Victoria Park Train Stations (575 m*). Alternatively, access is also simple via major arterials Johnston Street (300 m*) or Eastern Freeway (900 m*)
• Accompanied by 2 rare car parks on-site accessed via rear roller door
• Short-term holding income to quality tenant History with the ability for potential long-term re-commitment to suit investors
• 206 Wellington Street provides the opportunity to secure a freehold office/warehouse/showroom with income ready for renegotiation, owner-occupation or future development activation.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

*Approximately