Colliers International are delighted to offer 855-869 Ferntree Gully Road, Wheelers Hill for sale.

This substantial permit approved development site situated in the heart of Melbourne’s sought-after eastern suburbs holds a prominent position at the corner of Jells and Ferntree Gully Road and occupies a commanding 15,869m² of prime residential land.

The existing permit allows a developer to commence a large-scale development which is sure to succeed. Alternatively, the large land parcel and favourable zoning allow a multitude of alternate residential, aged care or education developments (STCA).

Key investment highlights are as follows
• Prominent elevated position with aspects over Jells Park and the surrounding parkland and Waterways
• High profile landmark position on the corner of Jells Road and Ferntree Gully Road
• Existing permit in place with a high-quality design for a medium density project comprising a total GFA of 17,211m² with well-appointed townhouses designed by CHT Architects
• Well-established residential area and surrounds with a median house price in excess of $1,000,000 and successful medium density projects in the immediate vicinity
• Within easy access to Monash University Clayton Campus and a host of other leading educational institutions such as Caulfield Grammar and Wesley College
• Existing improvements provide refurbishment and/or display suite opportunities
• Surrounded by a host of retail amenity including The Glen, Brandon Park Shopping Centre, Westfield Knox and much more

For more information please contact the exclusive marketing agents at Colliers International.

Ted Dwyer
0411 312 165

Alex Browne
0418 350 545

Hamish Burgess
0421 641 497

Joe Kairouz
0421 430 638

*approx

Colliers International is pleased to offer 115 Sackville Street, Collingwood for Private Sale. The building represents one of the city-fringes finest commercial office buildings which also benefits from a large land footprint. Purpose built by, and for world-renowned architects ClarkeHokinsClarke in 2008 every element of the building was designed to represent best in class.

Key Highlights:

• Stunning office building of 731m² bathed in natural light

• Purpose-built and owner occupied by world renowned architect ClarkeHopkinsClarke in 2008

• High ratio of parking for 25 cars at ground level

• Substantial land holding of 996m² ripe for future development (STCA)

• Commercial 1 re-zone pending as part of Amendment C220 offering future residential development opportunities (STCA)

• Central courtyard serves as great breakout area and provides significant natural light throughout

• Prime Collingwood location with proximity to major retail strips including Johnston Street and Smith Street

• Strong short-term income of $360,000 per annum

• Prime opportunity for an owner occupier, investor or developer

• Significantly underdeveloped with a two-storey building in a DDO with a preferred max building height of 24m*

For further information on this opportunity, please contact the Colliers International Exclusive selling agents below.

Ted Dwyer
0411 312 165

Andrew Ryan
0408 543 527

Peter Bremner
0412 326 942

Aston Commercial and Colliers International are pleased to offer 91-97 Islington Street, Collingwood for sale by Public Auction on Thursday the 29th of August 2019 at 12 noon on-site (AEST).

Ideally located in the heart of Collingwood’s Commercial precinct, the property benefits from favourable commercial 2 zoning, quality existing improvements and direct access to the area’s best retail, lifestyle and transport amenity.

91-97 Islington Street is underutilised and well placed to be transformed into a multi-storey office development to contribute to one of Australia’s fastest growing office precincts (STCA)

Key highlights of this opportunity include:

• Strategic 771m²* land parcel perfect for a boutique office development (STCA)

• Favourable Commercial 2 Zoning supports multiple current and future uses

• Quality building of 355m²* will appeal to owner occupiers and tenants alike
• Offered with vacant possession. Currently monthly overholding tenant

• Significant local planning approvals provides strong precedence for development (STCA)

• Prime Collingwood location close to Smith Street, Brunswick Street, Gertrude Street and Victoria Street Shopping Precincts

• Well connected by public transport and major arterials

• Prime location in one of Australia’s fastest growing commercial precincts just 1.7km’s from the Melbourne CBD

For further information please contact the exclusive selling agents.

Colliers International

Ted Dwyer
0411 312 165

Andrew Ryan
0408 543 527

Aston Commercial

Jeremy Gruzewski
0422 211 021

Max Warren
0488 296 892

*approx.

Colliers International have the absolute pleasure of offering the former St Martins Place Hotel, 374 St Kilda Road, St Kilda for Sale by Expressions of Interest, closing Wednesday 8th April at 3pm.

The property is exceptionally well located in the inner-city suburb of St Kilda with frontage to the main thoroughfare of St Kilda Road (Nepean Highway) and benefits from an increasingly rare 24 hour liquor licence. With the potential to owner occupy or re-lease the premises, the property has the ability to re-commence operating with little to no improvements required.

Alternatively, the 517m² site provides three street frontages and Commercial 1 zoning allowing for a multitude of future uses (STCA).

Key Highlights:
•Flexible Commercial 1 Zoning provides potential for a multitude of development outcomes including residential, office, hotel, retail or other (STCA)
•DDO24 provides development guidelines and a preferred building height of 13m* (STCA)
•Large double-storey corner freehold building provides the foundations for a high quality venue
•Rare 24-hour liquor licence allowing for on and off premise sales
•Corner site of 517m² with three street frontages totalling 64 metres*
•Strong performing residential suburb with a median apartment price of $540,000 and median house price of $1,375,000
•High quality position on St Kilda Road provides unrivalled business exposure to any future occupant
•Well positioned in St Kilda with close proximity to major retail and lifestyle strips including Carlisle Street, Acland Street and St Kilda foreshore
•Excellent transport amenity with Buses and Trams passing the property, and easy access to the Melbourne CBD

For Sale by Expressions of Interest, closing Wednesday 8th April at 3pm.

For further information on this opportunity, please contact the selling agents below.

*Approximately

Colliers International is pleased to present 44-46 Forster Street, Ivanhoe for sale by Expression of Interest closing Thursday, 9th of April at 3 PM.

The opportunity consists of two adjoining titles located in Ivanhoe, each with a standalone dwelling generating holding income.

A variety of higher and better use scenarios are supported, such as refurbish/value add or major multi-residential development (STCA), given the sites favourable zoning, strong residential suburb profile and proximity to major arterials and prominent destinations.

Key highlights of this opportunity are below:

•Total site area of 2,297m²* and 30m* of combined street frontage
•General Residential Zoning (GRZ1) within the City of Banyule planning scheme
•A highly sought after residential suburb with a median house price of $1,532,500**
•Close proximity to the Heidelberg Medical Precinct & Activity Centre, Ivanhoe Shopping Centre (Upper Heidelberg Rd), Heidelberg West Retail Precinct and Northland Shopping Centre
•Significant development prospects including multi-residential (STCA)
•9 km* north-east of the Melbourne CBD accessible via the Eastern Freeway and public transport including Heidelberg Railway Station and bus routes

*Approx
**REA Group

For more information please contact the exclusive marketing agents at Colliers International.

Colliers international is pleased to offer the ultimate Kew Junction Site for sale by Expressions of Interest Closing Wednesday 8th April at 3pm.

Prominently located on an irreplaceable and unmissable corner of the iconic Kew Junction, this property provides endless future uses with the benefit of an existing liquor licence or the potential to redevelop or owner occupy whilst enjoying the significant ongoing income generated from the rooftop digital signage.

Key Highlights

•Flexible Commercial Zoning provide potential for a multitude of development outcomes including residential, office, hotel, retail or other (STCA)
•DDO14 provides development guidelines for a future building height of 28.5m* (STCA)
•Opportunity refurbish for occupation or leasing, with the benefit of an existing liquor licence
•Strong holding income generated from Digital Signage returning $302,125 per annum (approx.) + GST & outgoings, with 6 month demolition clause
•Vacant building offers potential for an estimated fully leased annual rental of $450,000 per annum (approx.) + GST & outgoings
•Solid existing improvements with the site previously operating as a hotel, with a building area of 691m² (TBC) (approx.) plus outdoor balcony
•Strong performing residential suburb with a median apartment price of $799,000 and median house price of $2,100,000
•Unrivalled position overlooking Kew Junction shopping village with easy access to nearby Victoria Gardens Shopping Centre, Glenferrie Road and surrounding prominent private schools.
•Excellent transport amenity with Buses and Trams passing the property, and easy access to the Melbourne CBD and Eastern Freeway.

For further information on this opportunity, please contact the selling agents.

*approx