Stonebridge Property Group in conjunction with Untitled Property and Verduci Commercial are pleased to present 19-23 Budd Street (Corner Easey Street), Collingwood, offered for sale via Public On-site Auction.

19-23 Budd Street, Collingwood comprises three (3) modern triple-storey buildings on single title, with substantial existing improvements, secure off-street car parking and the ability to subdivide or house multiple tenants.

The property is situated in the heart of vibrant Collingwood, surrounded by a diverse mix of retail and hospitality operators and only 160 m* from the retail mecca Smith Street.

Key highlights of the property include:

– Existing improvements comprise 3 modern triple-storey buildings totalling 582 sqm* (GBA)

– Existing internal fit-out offers large open-plan office spaces with ample natural light, numerous meeting and breakout rooms, and 3 spacious outdoor terraces with skyline views

– Substantial 404 sqm* corner landholding with significant scope for development upside (STCA)

– Two of the properties are vacant, and one is leased

– Expansive street presence with a combined frontage of 40.6 m* to Easey Street and Budd Street, allowing for significant retail activation to an already retail-centric street

– Flexible interior floor plan suited to a variety of occupants

– Comprising 3 buildings on a single title, the property provides flexibility for future subdivision and sell-down exit strategy

– Offered with twelve (12) secure car parks – a rarity in this pocket of Collingwood

– Situated just 160 m* from the retail mecca Smith Street and neighbouring retail and hospitality operators such as Pedla, Cibi, Everyday Coffee, A Coffee, 1 Sackville, Molly Rose Brewing, all bolstered by direct access to iconic Smith Street (200 m*)

– Strategically connected to the Melbourne CBD (1.9 km*) via Smith Street Tram or Collingwood/Victoria Park Train Stations. Alternatively, access is also simple via major arterials including Wellington Street (95 m*), Johnston Street (210 m*) or Eastern Freeway (325 m*)

– Short-term tenancy currently in place offering holding income

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

*In conjunction with Untitled Property and Verduci Commercial

Property Code: 1591