This versatile development site on Melbourne’s city fringe is being offered for sale by GrayJohnson in conjunction with Nelson Alexander Commercial.

Positioned approximately 2.5km from Melbourne’s CBD, the property is currently leased to an established tenant, offering immediate returns as well as scope for redevelopment.

 Source: GrayJohnson

The well-proportioned site of 916 sqm* boasts an expansive 30-metre* frontage to Sackville Street. *Approx.

Current income from the property is $122,003 pa (with a demolition clause).

 Source: GrayJohnson

Collingwood is Melbourne’s hottest city fringe location, with nearby Smith Street voted the ‘World’s Coolest’ retail and entertainment strip in this year’s Time Out Index.

The area is Zoned Commercial 1 and features advantageous height controls, with significant and recent residential and office development nearby. Bus, tram and train transport are also close by.

Expressions of Interest close on Tuesday 21 September at 1 pm.

To request a copy of the Information Memorandum please email the GrayJohnson marketing agents Rory White and Matt Hoath via the contact form below.

To view the listing or for more information click here.

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