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COLLINGWOOD
58 - 62 Rupert Street

1,937sqm approx. | Enquire Now

Significant CBD fringe freehold with two street frontages

• Occupy, Invest, Value-Add, Capitalise
• Holding income
• Well below replacement cost

Ryder Commercial have the privilege of offering this rare freehold on the fringe of the CBD. 58-62 Rupert Street Collingwood possesses significant attributes including –

+ Freehold landholding of 712 m2* with two street frontages to Rupert Street and Brown Street
+ Significant re-purposed office building totaling 1,937 m2* with excellent natural light
+ Wide appeal for Investors, Developers and Owner Occupiers with multiple development and investment outcomes possible.
+ Holding income of $146,000 per annum*
+ Potential fully leased income of over $450,000 p.a
+ Desirable Commercial 2 zoning
+ Concept to add two additional levels providing a gross building area of 2,600 m2 plus terrace/balcony of 200 m2
+ Fully air-conditioned and heated
+ Passenger lift servicing all floors
+ Dual roller doors from Brown Street
+ End of trip facilities on multiple levels
+ Located within a thriving urban and business location surrounded by cafes, restaurants, bars and lifestyle amenities.


This Rare Opportunity is offered to the market for the first time in 25 years!

To obtain further information or to arrange an inspection, please contact exclusive selling agents Ryder Commercial –

David Gibellini 0419 473 504
Paul Sberna 0414 315 728

*Approx

Location