19-23 Easey Street, Collingwood

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.

4

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.

8

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

23

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