PRIVATE SALE
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70 CAMBRIDGE ST COLLINGWOOD
Introduction / 04 Executive Summary / 06 Location / 08 Development Overview / 16 Property Particulars / 18 Lifestyle / 20 Sale Method / 22
INFORMATION MEMORANDUM
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INTRODUCTION
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70 CAMBRIDGE ST COLLINGWOOD
ASTON COMMERCIAL ARE PLEASED TO OFFER 70 CAMBRIDGE STREET, COLLINGWOOD FOR PRIVATE SALE. THIS PROPERTY IS THE LAST REMAINING OF THREE RETAIL PROPERTIES AVAILABLE BENEATH THE MIXED-USE PACE OF COLLINGWOOD DEVELOPMENT CONSISTING OF 79 STUNNING APARTMENTS OVER 9 LEVELS.
Collingwood has become one of Melbourne’s coolest places to live and work with its cosmopolitan lifestyle offering the diversity of traditional daytime outlets and cafés, then at night a variety of groovy bars, clubs and premium restaurants. This property is part of Collingwood’s rapidly expanding office precinct. With Smith Street and Gertrude Street just 300 metres from your doorstep along with buses, trains and trams a short stroll away, you will quickly find yourself at the centre of the action. This property is in an ideal position for owner occupiers looking to relocate their business or any investors looking to purchase a quality space in one of Melbourne’s fastest growing precincts. We strongly recommend this property for your consideration.
INFORMATION MEMORANDUM
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EXECUTIVE SUMMARY
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70 CAMBRIDGE ST COLLINGWOOD
PROPERTY: 70 Cambridge Street, Collingwood
LOCATION: Forming part of the Pace of Collingwood Development this property is positioned on the corner of Cambridge and Langridge Streets.
DESCRIPTION: A smart ground floor tenancy with great natural light ideally suited for boutique office or hospitality venture. One car space and storage cage on title
ZONE ZONING:
Mixed Use - MUZ
m
2
BUILDING AREA: 95m2*
METHOD OF SALE: For immediate Private Sale
TERMS OF SALE: 10% deposit with the balance payable upon settlement in 60 days
*approx
EXCLUSIVE SELLING AGENTS Liam Rafferty
Jeremy Gruzewski
0421 886 655
0422 211 021
liam@astoncommercial.com.au
jeremy@astoncommercial.com.au
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LOCATION
CAMBR IDGE ST 8
70 CAMBRIDGE ST COLLINGWOOD
T S E G D I R G AL N
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LOCATION JUST 1.5KM’S FROM THE CBD, LANGRIDGE STREET SITS IN ONE OF MELBOURNE’S OLDEST INNER-CITY FRINGE SUBURBS OF COLLINGWOOD. THE ONCE INDUSTRIAL POCKET OF MELBOURNE IS NOW MAKING WAY FOR BOUTIQUE APARTMENTS, DESIGN STUDIOS, MODERN OFFICE SPACES AND TRENDY BARS AND CAFÉS.
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70 CAMBRIDGE ST COLLINGWOOD
This location is becoming exceedingly popular given the immediate access to a range of commercial, residential and lifestyle destinations including:
• ANYTIME FITNESS
250M*
• SOUTH OF JOHNSTON
250M*
• RUPERT ON RUPERT
350M*
• LE BON TON
400M*
• COLES COLLINGWOOD
550M*
• FONDA
600M*
• STOMPING GROUND BREWERY & BEER HALL
600M*
• PANAMA DINING ROOM
700M*
• BUNNINGS WAREHOUSE
700M*
• CHEMIST WAREHOUSE
750M*
•A USTRALIAN CATHOLIC UNIVERSITY
800M*
• COLLINGWOOD TRAIN STATION
900M*
• FITZROY GARDENS
950M*
• CARLTON GARDENS
1.4KM*
• NAKED FOR SATAN
1.5KM*
• THE NIGHT CAT
1.5KM*
• MELBOURNE CRICKET GROUND
1.6KM*
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LOCATION E D P A I SMITH ST VICTOR CAMBRIDGE ST
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70 CAMBRIDGE ST COLLINGWOOD
T S E G D I R G N LA
T S E D U R EG RT
CAMBRIDGE ST
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LOCATION
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70 CAMBRIDGE ST COLLINGWOOD
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DEVELOPMENT OVERVIEW LOCATED ON THE GROUND FLOOR OF THE PACE OF COLLINGWOOD RESIDENTIAL DEVELOPMENT. PACE OF COLLINGWOOD OFFERS THE BEST IN MODERN LIVING AT ARGUABLY COLLINGWOOD’S BEST ADDRESS AT THE CORNER OF CAMBRIDGE, WELLINGTON AND LANGRIDGE STREETS.
Pace of Collingwood features 79 stunning apartments over 9 levels in a building designed to add a new and eclectic element to Collingwood’s constantly changing profile. The development is home to a private rooftop terrace, taking inspiration from the many pocket parks that fill the suburb and providing a calming getaway from the busy streets below.
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70 CAMBRIDGE ST COLLINGWOOD
INFORMATION MEMORANDUM
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PROPERTY PARTICULARS
TITLE PARTICULARS ZONING
EXISTING IMPROVEMENTS
Volume: 12046 Folio: 415 Lot 3R on Plan of Subdivision 807023Q
Under the Yarra City Council Planning Scheme this property is zoned Mixed Use (MUZ).
Total Building Area: 95 square metres (approx.)
This flexible zoning allows for a number of future uses including retail, food & beverage, office and medical (STCA).
• Polished concrete floors • Track lighting • Capped plumbing • Grease trap and canopy connection • Car Space • Storage Cage • Access to shared amenities via rear door.
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70 CAMBRIDGE ST COLLINGWOOD
CAMB
GE STRE ET
RIDGE
STREE
T
LANGRID
95m 2 Ten 70 ancy 3 Cam , brid Lot 3 ge Stre et
FLOOR PLAN
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LIFESTYLE
Collingwood is within walking distance of the city but there’s a stack to keep you on home turf. Smith Street hums with Japanese restaurants, fabulous bars, lively pubs and interesting vintage furniture stores, while keeping it practical with a large supermarket as well as large health food stores. Side streets hide little parks and pop-ups like the People’s Market, while Wellington Street is still home to the iconic, stickycarpeted Tote Hotel. Surrounded by some of Melbourne’s most popular city fringe suburbs including, Fitzroy, Richmond and Brunswick. SUBURB PROFILE: BUY • Median House Price • Median Unit Price
$1,150,000 $641,000
DEMOGRAPHIC: Average Age: 20-39 Years old
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70 CAMBRIDGE ST COLLINGWOOD
CENTURY – RARE MILESTONE REACHED PACE DEVELOPMENT CELEBRATED ITS 100TH PROJECT DELIVERED, MARKED BY THE SETTLEMENT OF PACE OF COLLINGWOOD.
Over the company’s 27-year lifespan, Pace has led the evolution of Melbourne’s urban fabric, delivering 2,011 homes and 95 commercial spaces across 100 project triumphs. Some of the founding principles that shaped Pace’s early developments are still prevalent in the business today. Read on to discover more about the Pace difference.
“ We are proud of the role we have played in developing the Melbourne cityscape and making it what it is today”.
developments to large-scale multiresidential ventures in tightly held pockets of suburbs including Bayside, St Kilda, Northcote and Abbotsford.
MAKING HOME OWNERSHIP ACHIEVABLE An early adopter of the best-inclass builder-developer model, Shane established Pace determined to inspire a new standard of living in Melbourne and keep the home ownership dream alive.
The company led expansion into new suburban territories, introducing new ways of living in suburbs such as Carnegie, Doncaster East and most recently Blackburn and Ascot Vale, most of which proudly carry the ‘Pace of’ moniker.
“ 27 years ago, it was evident to me that the city of Melbourne was going to boom, and with that would come changes to the way people live here”,
“ Pace has steadily maintained momentum, turning out quality developments to respond to the city’s population growth and changing buyer demands”.
said Shane Wilkinson. A WINNING FORMULA Pace’s founder and managing director, Shane Wilkinson, attributes this exceptional milestone to the fully integrated developer-builder model of the company and the tireless work of Pace’s team that continue to produce award-winning developments in Melbourne’s most sought after locations. “To have delivered 100 outstanding developments is a true testament to the strength of Pace’s developerbuilder business model, the integrity of our dedicated staff and the muchvalued support of our Melbourne community”, said Wilkinson. SHAPING THE CITY WE LOVE Getting in at the ground level of the multi-res boom, Shane became one of the pioneers of the off-theplan movement during the late 1990’s and has remained a key leader of Melbourne’s urban advancement since. “ Since Pace was established, Melbourne’s population has grown significantly and the way we live has had to evolve quickly”, said Shane.
“ I wanted to deliver relevant projects that would play a role in cultivating the city’s urban landscape, promote a sense of community and improve the lives of individuals – 100 projects later that’s exactly what we have done”. MELBOURNE BORN & BRED Pace has remained true to its proudly Melbournian roots, choosing to develop in Victoria’s heartland alone. Pace has recently completed an office tower in Collingwood and has over 300 apartments, 20 retail spaces and 250 townhouses currently under construction as well as 1,758 more apartments in the pipeline. The company continues to uphold its ongoing commitment to the city of Melbourne and the communities which make it the world’s most liveable. UNLOCKING MELBOURNE’S MOST COVETED SITES Shane’s ability to recognise development opportunities and capitalise on site potential has seen Pace grow, quickly scaling from townhouse and boutique
A VISION FOR THE FUTURE Pace continues to proudly stand out on its own, celebrating an extraordinary execution of 100 residential projects now completed. As happy purchasers unbox their belongings, mount paintings on the wall and get comfortable in their new homes, Pace continues to do as it has always done, approaching the market with curiosity and asking itself “where to next?” Kicking off Pace’s next century of projects, the industry-leading company will soon unveil its highlyanticipated plans for its Flemington site, a never before seen project on the grounds of Melbourne’s famous Flemington Racecourse. “ We will continue to be proudly Melbournian and deliver projects in this city, ensuring each and every one on of them meets the exceptional standard people have come to expect from us”.
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SALE METHOD METHOD OF SALE For immediate Private Sale TERMS OF SALE 10% deposit with the balance payable upon settlement in 60 days INSPECTIONS Strictly by appointment only with the exclusive selling agents CONTRACT OF SALE & VENDORS STATEMENT Available upon request EXCLUSIVE SELLING AGENTS Liam Rafferty / 0421 886 655 liam@astoncommercial.com.au Jeremy Gruzewski / 0422 211 021 jeremy@astoncommercial.com.au
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70 CAMBRIDGE ST COLLINGWOOD
INFORMATION MEMORANDUM
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DISCLAIMER This document has been prepared by Aston Commercial Pty Ltd for advertising and general information only. Aston Commercial Pty Ltd do not guarantee, warrant or represent that the information contained in this document is correct. Any interested party should undertake their own enquiries as to the accuracy of the information. Aston Commercial Pty Ltd excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damage arising therefrom. *Approximate
