FOR SALE BY PUBLIC AUCTION THURSDAY 13 OCTOBER AT 12 NOON ON-SITE SACKVILLE7979STREETCOLLINGWOOD
CONTENTS 4 INTRODUCTION 6 EXECUTIVE SUMMARY 8 LOCATION 10 KEY REASONS TO BUY 12 PROPERTY PARTICULARS AND TENANCY DETAILS 14 LAND DIMENSIONS AND AREA 22 SALE METHOD SACKVILLE79STREETCOLLINGWOOD
Aston Commercial are pleased to offer 79 Sackville Street, Collingwood For Sale by Public Auction on Thursday the 13th of October at 12 noon on-site.
Due to its Commercial 1 Zoning, the property has the ability to be repurposed. Collingwood being the cool, funky & trendy place to be, the property can be renovated for the use of offices, manufacturing, food & beverage, just to name a few (STCA). Even if you’re looking for a clear slate, the block of land provides potential for various developments to take place (STCA).
Currently the property is leased for $42,500p.a. + GST on a month-to-month basis making the sale GST free.
INTRODUCTION
A rare opportunity to secure a freehold warehouse on the very fringe of the CBD, offered for the first time in over 25 years.
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A clean and tidy single front warehouse that is typical of the Collingwood precinct. The warehouse is clearspan and has bathroom and kitchen amenity. Front roller door access and one off-street car space out the front. The property has the benefit of a new tin roof and electrical lights making it watertight and ready for the next occupant.
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EXCLUSIVE SELLING AGENTS Sebastian Origlia Agency Executive 0428 056 sebastian@astoncommercial.com.au294 Jeremy Gruzewski Executive Director 0422 211 jeremy@astoncommercial.com.au021 *approx. TERMS OF SALE 10% deposit with the balance payable in 60 days METHOD OF SALE For Sale by Public Auction on Thursday the 13th of October 2022 at 12 noon on-site LEASE DETAILS Leased on a month to month basis for $42,500 BUILDING AREA 240 sqm* ZONING Commercial 1 Zone - C1Z LAND AREA 303 sqm* Freehold Warehouse on the fringe of the CBD. Rare single level brick warehouse with roller door access and off-street car park perfect to be used as is, repurposed, or redeveloped in the heart of Collingwood offered for the first time in 25 years. EXECUTIVE SUMMARY79SACKVILLESTREETCOLLINGWOOD 6
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Eastern Freeway 1km* Citylink (To Tullamarine Freeway) 3.8km* Citylink (To Monash Freeway) 5km*
Collingwood Train Station 1km*
Brunswick Shopping Strip 1km* Melbourne Central 3km*
Equinox Medical 600m* Epworth Freemasons 1.6km* St. Vincent’s Hospital 2km*
Numerous old factories and buildings, rather than being pulled down and rebuilt, have been repurposed into cool and funky workspaces for businesses to operate out of, allowing for the character of Collingwood to prevail while times are changing. Work aside, 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.
Australian College of Arts (Collarts) 500m*
University of Melbourne 2km*
Bus Routes on Hoddle St (400m*) and Johnston St (130m*) Tram Routes 86 (350m*) and 11 (1km*)
Smith Street Shopping Strip 350m*
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.
LOCATION 8
Some nearby businesses and infrastructure include:
Close to the city, close to the freeway, close to all amenities. Collingwood has seen a facelift like no other suburb in Melbourne. From a working-class industrial hub to a trendy and youthful place to be, the A+ location and vibe has many being drawn to the area. Main thoroughfares such as the Eastern Freeway, Hoddle Street, Alexandra Parade and Johnston Street mean easy access to all corners of Melbourne making the suburb an in-demand area for many parties.
Australian Catholic University 1.8km*
This has created a gentrification leaving Collingwood a different place than it was 20 years ago. Co-existent to the above, many factories also remain industrially purposed for businesses who need the location to service business across Melbourne.
MEDIAN HOUSE PRICE $1,285,000 MEDIAN HOUSE PRICERENTBUY$640 MEDIAN UNIT PRICE $670,000 MEDIAN UNIT PRICE $480 9
TOREASONSKEYBUY Month to month lease making the sale GST Free Ready to warehouseusewithbuildingarea235sqm* 10
Unrivalled location infromCollingwood3km*theCBD Commercial 1 Zoning allows for a variety of purposes 11
A clean and tidy single front warehouse that is typical of the Collingwood precinct. The brick warehouse has clear span and has basic amenities with front roller door and one off-street car-space out the front.
Under the Yarra City Council Planning Scheme the land is zoned Commercial 1 – CZ1
The property has the benefit of a new tin roof and electrical lights making it watertight and ready for use. The property is the ideal as a blank canvass to be used as is, repurposed or redeveloped.
ZONING
Term Month to month Outgoings Paid by tenant
The property is being sold with monthly tenancy. Business Name + on to month basis
Outgoings
TENANCYPARTICULARSPROPERTYDETAILS
a month
TITLE PARTICULARS
Tenant
Pentaco Current Rent $42,500+ GST
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The property is described is legally described as: Lot 1 on Title Plan 685464T Volume 05810 Folio 951
*approx.
235 sqm* OF CLEARSPAN WAREHOUSE 13
Total Land Area 303 square metres*
LAND DIMENSIONS AND AREA
Sackville Street Frontage 10.05 metres* Depth 30.13 metres*
Building Area 235 square metres* *approx.
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FLOORPLAN
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Sebastian Origlia Agency Executive 0428 056 sebastian@astoncommercial.com.au294 Jeremy Gruzewski Executive Director 0422 211 jeremy@astoncommercial.com.au021 EXCLUSIVE SELLING AGENTS SALE METHOD Contract of Sale & Vendors Statement Available upon request Terms of Sale 10% deposit with the balance payable in 60 days Inspections Strictly by private appointment with the exclusive selling agents
Method of
Sale For Sale by Public Auction on Thursday 13th October 2022 at 12 noon on-site SACKVILLE79STREETCOLLINGWOOD 22
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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