BUY. BUILD. DELIVER.
19 - 23
COLLINGWOOD For PRIVATE SALE
BUY. BUILD. DELIVER. Permit Approved 9 level commercial office building.
19 - 23
COLLINGWOOD CONTENTS 04
INTRODUCTION
06
EXECUTIVE SUMMARY
08
LOCATION
12
PROPERTY PARTICULARS
14
TENANCY DETAILS
16
APPROVED PLANNING PERMIT
18
FLOOR ELEVATIONS
22
FLOOR PLATES
26
SALE METHOD
3
INTRODUCTION Aston Commercial are pleased to offer 19-23 Easey Street, Collingwood for private sale. The property is located in the heart of Collingwood which is fast becoming one of the hottest commercial property markets in the country. Once a strong industrial stronghold Collingwood is quickly evolving into a vibrant and diverse precinct. From the Smith/Gertrude Streets retail strips full of bars and restaurants, the many highrise residential developments coming out of the ground, to the new commercial offices, Collingwood is a chic inner city mixed use suburb. With its proximity to Melbourne’s CBD and surrounding amenity it is not hard to see why tenants such as AESOP, T2, Swisse, Smeg and VICE are now calling Collingwood home. The owners have achieved an outstanding permit over the site that provides for a commercial office development of 9 levels providing 2,954 sqm of NLA in desirable floorplates ranging from 150-436 sqm. The development suits investors, developers and part or all owner occupiers. 19-23 Easey Street provides development certainty as a ready set, go proposition. Aston Commercial highly recommends the property for your serious consideration.
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BUY. BUILD. DELIVER. Transform the former shoe factory INto an epic office development.
19 - 23
COLLINGWOOD
EXECUTIVE SUMMARY
19 - 23 IDEALLY POSITIONED IN THE HEART OF THE COLLINGWOOD ACTIVITY PRECINCT, CLOSE TO THE BRUNSWICK, JOHNSTON & SMITH STREET RETAIL PRECINCTS WITHIN THE RAPIDLY TRANSFORMING CITY FRINGE SUBURB JUST 3KM NORTH-EAST FROM THE MELBOURNE CBD.
COLLINGWOOD DESCRIPTION
PLANNING PERMIT
Functional older style warehouse over 2 levels
Approved for 9 level commercial office plus parking yielding 2954 sqm* of NLA
LEASE DETAILS
LAND AREA
5 year net lease of $110,000 pa in place with a 12 month demolition clause.
672 square metres*
BUILDING AREA
ZONING
Existing building area of 1,000 square metres*
Commercial 2 Zone – CZ2
METHOD OF SALE
TERMS OF SALE
For Private Sale
10% deposit with the balance payable 60-120 days
*approx.
EXCLUSIVE SELLING AGENTS
6
Jeremy Gruzewski
Liam Rafferty
Director of Agency 0422 211 021 jeremy@astoncommercial.com.au
Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au
LOCATION
COLLINGWOOD 3066 Collingwood is a cultural hub. The Brunswick Street and Smith Street major activity centre are home to a significant number of renowned cafes, bars, restaurants and hospitality venues. Given the site’s location within three kilometres north-east of the Melbourne CBD grid, Collingwood provides exceptional access, with proximity to tram and bus routes along Brunswick, Smith & Johnston Streets as well as nearby Collingwood and Victoria Park Train Stations. 19-23 Easey Street, Collingwood sits in a perfect position to capitalise on this exceptional transport infrastructure with convenient connectivity to the Melbourne CBD.
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convenient connectivity
Smith Street Shopping Strip 120m Brunswick Street Shopping Strip 800m Victoria Street 1.4km CBD 3.0km
Collingwood Train Station 1.3m Tram (Smith Street) 150m Bus (Alexandra Parade) 230m Victoria Park Train Station 1.0km Eastern Freeway 500m M1 4km
University Of Melbourne 2,6km Australian Catholic University 1.6km
Epworth Freemasons, Victoria Parade 1.5km St Vincent’s Hospital Melbourne 2.4km
Collingwood Town Hall 1.4km Collingwood Park 1.4m Royal Exhibition Buildings 2km Fitzroy Gardens 1.2km MCG 2.7km Victoria Park 1.1km
PROPERTY PARTICULARS
TITLE PARTICULARS
ZONING
The property is legally described as: Lot 4 on Registered Plan of Strata Subdivision 015454.
C2Z - Commercial 2 Zone To encourage commercial areas for offices, appropriate manufacturing and industries, bulky goods retailing, other retail uses and associated business and commercial services. To ensure that uses do not affect the safety and amenity of adjacent, more sensitive uses.
Parent Title 09394 Folio 245 Volume 09395 Folio 932
BUY. BUILD. DELIVER. 12
LAND DIMENSIONS & AREA
EXISTING IMPROVEMENTS & TENANCY DETAILS EXISTING IMPROVEMENTS The property is in good but basic condition throughout. An older style industrial warehouse over two levels with a building area of 1,000 sqm*.
LEASE DETAILS While the owners sought planning approval, they entered a lease over the property. The tenant has subsequently subleased portions of the property to create a ‘co-working’ artists environment. Importantly the lease allows for the property to be sold as a going concern hence avoiding a GST payment.
TENANCY DETAILS
Tenant:
Quality Partnerships Australia Pty Ltd
Rent:
$110,000 + GST net pa
Term:
Five (5) Years
Commencement:
1st March 2020
Options:
NIl
Rent Reviews:
CPI Annually
Outgoings:
Paid by tenant
Security Deposit:
$11,000
DEMOLITION CLAUSE Under special condition 20.3 of the lease is a demolition clause in favour of the landlord. The clause allows for; • 12 months’ notice to vacate. • The tenant has no rights for any further compensation.
14
*approx.
APPROVED PLANNING PERMIT 19-23 Easey Street has been approved and de-risked by obtaining a quality and well thought out planning permit. In a world where the planning cycle of a development can take extensive time, money and effort this is real opportunity to Buy, Build and Deliver!
PERMIT DETAILS
Whether you are looking to:
Permit No – PLN19/0082
• build and hold • build and sell • occupy in part or full This is an outstanding project. In a post pandemic world where tenants and occupants look for their own independence in central city fringe locations 19-23 Easey Street ticks the boxes.
16
*approx.
A planning permit was issued by the City of Yarra on the 10th June 2020 for construction of a mixed use building and a reduction of carparking requirements.
development overview • • • •
9 Levels 2,954 sqm* NSA 36 Car Parks Floor plates from 150 - 436 sqm*
PROJECT TIMELINE 19 - 23
COLLINGWOOD
Purchased Site 2017
START
PLANNING & DESIGN
Significant time & cost has been absorbed
3 Years and 3 Months
Planning Permit Issued December 2020
VCAT PLANNING APPROVAL
YOU ARE HERE
FINISH
BUY. BUILD. DELIVER. 17
FLOOR ELEVATIONS BOUNDARY
Total NLA = 2954 sqm LEVEL 8
OFFICES
150 M2 OFFICES 128 M2 TERRACE
150 m2
TERRACE
SERVICES
128 m2
45 m2
LEVEL 7
OFFICES 350 m2
350 M2 OFFICES 8 M2 BALCONY
BALCONY 8 m2
LEVEL 6
OFFICES 343 m2
BALCONY
343 M2 OFFICES 8 M2 BALCONY
8 m2
LEVEL 5
OFFICES 350 m2
350 M2 OFFICES 8 M2 BALCONY
BALCONY 8 m2
LEVEL 4 TERRACE
OFFICES
188 m2
298 m2
298 M2 OFFICES 188 M2 TERRACE
LEVEL 3 OFFICES
436 M2 OFFICES
436 m2
LEVEL 2 OFFICES
436 M2 OFFICES
436 m2
LEVEL 1 386 M2 OFFICES OFFICES 386 m2
GROUND FLOOR4
BATHROOM 38 m2
NGL.
ENTRY LOBBY
ATRIUM
83 m2
98 m2
99 M2 Cafe 106 M2 Gallery/ Retail
NGL. NGL.
CAR PARK
SUBSTATION
487 m2
45 m2
SERVICES
492 m2
ATRIUM
TERRACE / BALCONY
62 m2
CAR PARK
18 Car Bays
BASEMENT 2
CAR PARK
18
BASEMENT 1
COMMERCIAL
COMMON
SERVICES
18 Car Bays
MATERIALS & TEXTURES The building has been designed with Collingwood’s past, culture and lifestyle in mind. It effortlessly uses building materials and a palate to combine the rich past with a modern and brash future. Old red brick, concrete to steel and glass.
Concrete
Red Brick
Metals 19
FLOOR PLATES ROOM COLOUR LEGEND
ATRIUM
CAR PARK
BALCONY / TERRACE
COMMON
CAR PARK
SERVICES
COMMERCIAL COMMON CAFE GALLERY SERVICES
BASEMENT 1
BASEMENT 2
4 BAYS TANDEM
SERVICES 11 m2
SERVICES 11 m2
4 BAYS TANDEM
CAR CHARGER UNIT
CAR CHARGER UNIT
2 BAYS
6 BAYS
CAR LIFT SHAFT 41 m2
2 BAYS
487 m2 18 BAYS TOTAL
492 m2 18 BAYS TOTAL
CAR CHARGER UNIT
ORGANICS WASTE DIGESTOR
6 BAYS
SERVICES 62 m2
6 BAYS SUBSTATION 45 m2
LIFT LOBBY 14 m2 SERVICE STACK
LIFT LOBBY 14 m2
LIFT / STAIR CORE 24 m2
WASTE 22 m2
.
CAR CHARGER UNIT
22
6 BAYS
CAR PARK
CAR PARK
LIFT / STAIR CORE 24 m2
CAR CHARGER UNIT
SERVICE STACK
CAR CHARGER UNIT
CAR LIFT SHAFT 41 m2
ATRIUM
TERRACE / BALCONY
CAR PARK
COMMERCIAL
COMMON
SERVICES
CAFE
GALLERY
ROOM COLOUR LEGEND ATRIUM
COMMON
CAFE
GALLERY
CAR PARK
SERVICES
ATRIUM BALCONY / TERRACE CAR PARK COMMERCIAL COMMON CAFE GALLERY SERVICES
LEVEL 1
WATER / GAS / ELEC. / BOOST
GROUND FLOOR
VOID
VOID
VOID
CAFE 99 m2 CAR LIFT SHAFT 63 m2 BI-DIRECTIONAL LIFTS
ATRIUM 98 m2
OFFICES 386 m2
VOID
BIKE STORAGE 45 m2
GALLERY 106 m2
CORRIDOR 33 m2
LOCKERS
BATHROOM 38 m2
KITCHENETTE
ENTRY LOBBY 83 m2
VOID TO BELOW
MALE 15 m2
CONCIERGE
BOH 14 m2
LIFT / STAIR CORE 25 m2
SERVICE STACK
LIFT / STAIR CORE 25 m2
SERVICE STACK
LIFT LOBBY 28 m2
FEMALE 16 m2
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LEVEL 4
LEVEL 2 & 3
TERRACE 188 m2
BALCONY 48 m2
OFFICES 436 m2
OFFICES
VOID
KITCHENETTE
KITCHENETTE
MALE 15 m2
MALE 10 m2
LIFT LOBBY 28 m2 SERVICE STACK
SERVICE STACK
LIFT LOBBY 28 m2
LIFT / STAIR CORE 25 m2
VOID
298 m2
LIFT / STAIR CORE 25 m2
FEMALE 16 m2
FEMALE 10 m2
LEVEL 5 & 7
TERRACE BELOW
TERRACE BELOW
3
OFFICES 350 m2
BALCONY 8 m2 KITCHENETTE
MALE 10 m2
LIFT / STAIR CORE 25 m2
24
SERVICE STACK
LIFT LOBBY 28 m2
FEMALE 10 m2
SERVICES
LEVEL 6
LEVEL 8
3
BALCONY
OFFICES
OFFICES
343 m2
150 m2 BALCONY 128 m2
SERVICES 45 m2
BALCONY
KITCHENETTE
KITCHENETTE
LIFT / STAIR CORE 25 m2
SERVICE STACK
LIFT LOBBY 28 m2
FEMALE 10 m2
MALE 10 m2
LIFT LOBBY 28 m2
LIFT / STAIR CORE 25 m2
SERVICE STACK
MALE 10 m2
FEMALE 10 m2
ROOF
CONCRETE ROOF
25
SALE METHOD
19 - 23
COLLINGWOOD BUY. BUILD. DELIVER. METHOD OF SALE
TERMS OF SALE
For Private Sale.
10% deposit with the balance payable 60-120 days.
INSPECTIONS
CONTRACT OF SALE & VENDORS STATEMENT
Strictly by private appointment with the exclusive selling agents.
Available upon request.
EXCLUSIVE SELLING AGENTS
26
Jeremy Gruzewski
Liam Rafferty
Director of Agency 0422 211 021 jeremy@astoncommercial.com.au
Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au
DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate
