Property Facilitators are pleased to offer for sale this substantial inner-city opportunity for your consideration. Located only 200m (approx.) to Smith Street these three versatile properties on individual title, with three street frontage offer the options to utilise today or develop in the future (STPA). 55 Keele Street, Collingwood: - Features a ready-to-occupy showroom, office, and warehouse. - Modern office fitout and roller door access from Keele Street. - Suitable for immediate use or potential development (subject to planning approvals). 29 Budd Street, Collingwood: - Industrial warehouse with two street frontages and rear lane way access. - Offers substantial power capacity (over 800 amps), ideal for a workshop or potential development. - Potential for creating an EV quick charging service station (subject to council approval). 31 Budd Street, Collingwood: - Currently set up as a home/office with two substantial rooms, large lounge area, kitchen, and bathroom. - Well-presented interior suitable for immediate occupation or investment. Key features across all properties include: - Total Building area: 503m2 - Total Land area: 612m2 approx. - Vacant possession offering flexibility to occupy or invest immediately and develop later. - Potential to generate multiple rental incomes from the properties in a low vacancy area of Melbourne. - Anticipated rental return: $200,000 per annum nett (approx.) - Commercial 2 Zoning allowing for various redevelopment options such as commercial office, hotel, or retail (subject to planning approvals). - Located in a highly desirable city fringe location in Collingwood, known for significant growth and gentrification. - Melbourne’s city fringe office market is highlighted as having low vacancy rates and strong rental growth, enhancing investment potential. These properties are positioned for both immediate use and long-term development, leveraging their strategic locations and zoning to attract owner occupiers, investors and developers alike. For further information or to arrange and on site inspection please contact Marc Carbone 0417 101 337
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