177-181 Johnston Street, Collingwood, Vic 3066

Stonebridge Property Group is pleased to present the former Woodpackers Hostel, 177-181 Johnston Street, Collingwood, offered for sale via Expression of Interest. 

177-181 Johnston Street is a triple-fronted freehold landholding comprising a dynamic and highly flexible dual-level building plus rear surplus land. 

The property is situated on Johnston Street, which has undergone rapid improvement over the past decade with future growth and development, leveraging off the back of Smith Street – located just 600 m* away.

The key highlights of the opportunity include:

- Existing improvements comprise a multi-functional 600 sqm* building across two open-plan floor plates, and formerly the iconic Woodpackers Hostel

- The improvements are bolstered by a complete internal refurbishment, plus a commercial-grade kitchen and open plan ground floor, and modern first-floor accommodation/office spaces

- Substantial 558 sqm* landholding with significant scope for development upside (STCA)

- Expansive street presence with a combined frontage of 73.67 m* to Johnston, Harmsworth and Little Francis Streets, allowing for significant retail activation to an already vibrant commercial precinct

- Flexible Commercial 1 Zone accommodates for a range of building uses, including Retail & Hospitality, Office & Medical, Residential, or any combination (STCA)

- Accompanied by 4 rare car parks on-site accessed via Little Francis 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 the iconic Smith Street (600 m*) 

- Neighbouring retail and hospitality operators including Panacea, Lulie Tavern, Dr Morse, The Mill Brewery Collingwood, The Tote, Molly Rose Brewing and Chotto Motto

- Strategically connected to the Melbourne CBD (2 km*) via multiple transport hubs, including Victoria Park Train Station (350 m*), Johnston Street bus network and Smith Street trams 

-  A rare opportunity to secure a premium freehold asset in one of Melbourne’s most dynamic and rapidly evolving precincts 

177-181 Johnston Street, Collingwood is for sale via Expressions of Interest closing Thursday 10th April 2025 at 2PM (AEST). 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 张超
0411 625 068

*Approximately

Property Code: 1195