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179-201 Victoria Parade, Collingwood, VIC, 3066
Collingwood
Burgess Rawson is pleased to offer to market the Bunnings at 179-201 Victoria Parade & 8 Cromwell Street, Collingwood VIC for sale via Expressions of Interest.
The property has the following investment highlights:
+ Standalone Bunnings on set-and-forget net lease to 2027 plus 4 x 5 year options.
+ Bunnings is wholly owned by Wesfarmers Ltd and one of the most sought after tenants in Asia-Pacific, recently announced a 6.3% increase in HY sales to $9.8 billion.
+ Significant 5,375 sqm* site, just 1.45 km from Melbourne’s city grid.
+ Freehold titles with three street frontages, including 77 meters to one of Melbourne’s original promenades, Victoria Parade.
+ Strategic, high-profile location, adjacent to one of Melbourne’s most important intersections – Hoddle Street and Victoria Parade – with over 100,000 vehicles passing daily (1).
+ Collingwood is home to one of Melbourne’s most active high-rise development precincts, with population forecast to increase by 72.4% by 2041 (2).
+ Once in a lifetime landbank opportunity for a future legacy development.
+ Commercial 1 site with development precedents up to 14 levels (3) and nearby developers challenging height limits (up to 23 levels).
+ Future high-rise development alternatives enhanced by position on the north side of Victoria Parade, minimising overshadowing hurdles.
+ Potential future mixed use development concept prepared by Buchan Group based on planning advice from Urbis, STCA.
+ Income: $3,115,280 pa* with annual, compounding 3% increases.
For Sale by Expressions of Interest
Closing 1:00pm AEST Tuesday 27 June
* Approx
1. GapMaps
2. .id
3. Urbis
Remember to mention you found this property on CommercialReady
Burgess Rawson is pleased to offer to market the Bunnings at 179-201 Victoria Parade & 8 Cromwell Street, Collingwood VIC for sale via Expressions of Interest.
The property has the following investment highlights:
+ Standalone Bunnings on set-and-forget net lease to 2027 plus 4 x 5 year options.
+ Bunnings is wholly owned by Wesfarmers Ltd and one of the most sought after tenants in Asia-Pacific, recently announced a 6.3% increase in HY sales to $9.8 billion.
+ Significant 5,375 sqm* site, just 1.45 km from Melbourne’s city grid.
+ Freehold titles with three street frontages, including 77 meters to one of Melbourne’s original promenades, Victoria Parade.
+ Strategic, high-profile location, adjacent to one of Melbourne’s most important intersections – Hoddle Street and Victoria Parade – with over 100,000 vehicles passing daily (1).
+ Collingwood is home to one of Melbourne’s most active high-rise development precincts, with population forecast to increase by 72.4% by 2041 (2).
+ Once in a lifetime landbank opportunity for a future legacy development.
+ Commercial 1 site with development precedents up to 14 levels (3) and nearby developers challenging height limits (up to 23 levels).
+ Future high-rise development alternatives enhanced by position on the north side of Victoria Parade, minimising overshadowing hurdles.
+ Potential future mixed use development concept prepared by Buchan Group based on planning advice from Urbis, STCA.
+ Income: $3,115,280 pa* with annual, compounding 3% increases.
For Sale by Expressions of Interest
Closing 1:00pm AEST Tuesday 27 June
* Approx
1. GapMaps
2. .id
3. Urbis
Remember to mention you found this property on CommercialReady
179-201 Victoria Parade, Collingwood, VIC, 3066
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
