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.
128-144 Wellington Street, Collingwood is offered for sale via Expressions of Interest closing Thursday 19th September 2024 at 2:00pm (AEST). 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 ??
0411 625 068
*Approximately
^ (forecast.id 2024)
Property Code: 1022