MAJOR PERMIT-APPROVED CORNER COLLINGWOOD DEVELOPMENT SITE

  • $10,000,000/Contact the Stonebridge Team

Property Description

Stonebridge Property Group is pleased to present for sale 128-144 Wellington Street, Collingwood.

The Property is a high-profile corner landholding in Collingwood, boasting a prominent 140 m* frontage to both Wellington Street and Gipps Street.

Featuring a landmark permit approval for an 11-storey mixed-use development, with potential for staged delivery. Designed by award-winning architect Jackson Clement Burrows Architecture.

The key highlights of the opportunity include:

– High-profile 4,264 sqm* landholding

– Ultra-rare Collingwood corner development site, boasting a valuable 140 m* frontage to Wellington Street and Gipps Street.

– Permit approved for a precinct-defining mixed-use development comprising 11-storeys and strategically identified for an office and hotel.

– Potential for a staged delivery.

– Flexible Commercial 2 Zone.

– Quality existing warehouse/office with 3,467 sqm* building area and 39 on-site car parks.

– Prime location in Collingwood, at the major intersection of Wellington Street & Gipps Street.

– Collingwood is home to some of Australia’s most prolific developers, rapidly expanding Collingwood’s skyline, with projects including the $111mil 54 Wellington by Impact Investment Group, Hines’ $200 million, 15-level T3 Collingwood tower and Peregrine Projects’ 88 Langridge Lane ($33mil).

– The excellent amenity in Collingwood is a huge drawcard for innovative and trend setting companies, including Aesop, Swisse and T2 who have recently moved to the area.

– Well-connected location via trams along Victoria Parade (500 m*), Collingwood Train Station (600 m*) and North Richmond Train Station (750 m*), making travel easy for commuters and travellers alike.

– Offering world-class retail and dining amenities within walking distance including Smith Street (300 m*), Johnston Street (600 m*) and Brunswick Street (800 m*) precincts.

– 1.8 km* to Melbourne’s world-renowned sporting precinct home to the MCG, AAMI Park, and Rod Laver Arena.

– Collingwood’s office market is one of the most sought-after in Melbourne.

– No competing high-quality hotel offerings in the precinct.

– Collingwood has significant growth forecast, with its population expected to increase 37.45% between now and 2046^, underpinning the continued prosperity and growth of the suburb.

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

Julian White
0422 764 137

Max Warren
0488 296 892

Chao Zhang 张超
0411 625 068

*Approximately

^ (forecast.id 2024)

Property Code: 1022

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