Suite 8, 23-25 Gipps Street, Collingwood

INFORMATION MEMORANDUM. POINT OF INTEREST: Suite 8, 23-25 Gipps Street, Collingwood

HEAD OFFICE 03 9654 2311 18-20 Russell St, Melbourne

EASTERN OFFICE Wheelers Hill

WESTERN OFFICE Laverton North

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CONTENTS 01 POINT OF INTEREST 02 POINT OF VIEW 03 PROPERTY FEATURES 04 LOCATION 05 SUBURB PROFILE 06 PROPERTY PARTICULARS 07 CONTACT DETAILS 08 APPENDICES ▪

FLOOR PLAN

01

POINT OF INTEREST

SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD BUILDING AREA

169 sqm*

ZONING

Commercial 2 Zone

CAR PARKING

2 secure basement spaces

AVAILABILITY

For Sale and Lease

01

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SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

02

POINT OF VIEW

“A corner office that is the envy of the street – plenty of exposure & bathed in natural light” –– IAN ANGELICO MANAGING DIRECTOR - AGENCY

A brilliant opportunity to secure your position within Collingwood’s rapidly evolving creative hub!

Total building area of 169 sqm* Two on-site basement car spaces Self-contained facilities 500m* to Collingwood Train Station

“This versatile fit-out enables new tenants to turn the key and operate immediately” STAN DAWIDOWSKI – DIRECTOR - EASTERN REGION

02

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SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

03

PROPERTY FEATURES

IMPROVEMENTS

23-25 Gipps Street has been a key commercial address within Collingwood since its construction, however Unit 8 is a standout offering within this development.

The 169 sqm* of office space is complemented by a versatile fit-out comprised of open plan work areas, two dedicated offices, reception area, kitchen & bathroom facilities and a storage/admin area. Parquetry floors throughout the property provide character, whilst split system air-conditioning, LED lighting, and robust power and data cabling ensure that all the modern requirements are satisfied.

Additionally, the property is serviced by two secure basement car spaces and is disability accessible.

03

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SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

04

LOCATION

ALL SIGNS POINT TO: COLLINGWOOD.

AND THE POINT?

Situated within the city fringe suburb of Collingwood, this property benefits from the commercial and retail offerings of Victoria Parade as well as being surrounded by high levels of mixed use development.

Centralised. Connected. Convenient.

Collingwood is a lively suburb offering exceptional lifestyle just a stone’s throw from the CBD.

Gipps Street benefits greatly from its close proximity to major thoroughfares in Hoddle Street, Smith Street and Victoria Street, providing an array of cafe and restaurant selections and Aldi Supermarket all at your fingertips.

Whether you want to take a 20 minute scenic stroll into the CBD through the tranquil Fitzroy Gardens or a quick tram or train ride in, this location has you covered with Victoria Parade tram services 500m* from the site and Collingwood Train Station 550m* away.

04

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SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

05

SUBURB PROFILE

ON THE MAP: COLLINGWOOD.

Collingwood is located 3 km north-east of the CBD, it has layers of local history, infamous characters, quirky creativity and effortless charm. An everincreasing number of bars and restaurants makes Collingwood one of Melbourne’s top dining and barhopping suburbs.

Collingwood features a number of art galleries including Backwoods and Australian Galleries.

Collingwood also has factory outlets flanking Smith Street with interesting shops. The suburb features a number of open spaces including Cambridge Street Reserve, McNamara Reserve and Peel Street Park.

01-04 SOURCES: PROPERTYDATA.COM.AU & AUSTRALIAN BUREAU OF STATISTICS, CENSUS 2016

MEDIAN RESIDENTIAL PRICES

POPULATION UNDER 15 BETWEEN 15-65

HOUSE

OVER 65

$1,437,000.00

81.7%

6,963 RESIDENTS

6.8%

576 RESIDENTS

100%

8,520 RESIDENTS

INDIVIDUAL FAMILY

$969

$2,200

HOUSEHOLD

UNIT

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981 RESIDENTS

WEEKLY INCOME

$705,000.00

05

11.5%

SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

$1,712

06

PROPERTY PARTICULARS

PRINCIPLE OUTGOINGS

06

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Council rates:

$2,762.94* p.a plus GST

Water rates:

$1,100.00* p.a plus GST

Owner’s Corporation:

$8,310.20 p.a plus GST

Land Tax (single holding):

$685.00* p.a plus GST

Landlord Contents Insurance:

$700.00* p.a plus GST

Maintenance:

$440.00* p.a plus GST

Airconditioning:

$800.00* p.a plus GST

Congestion Levy:

$2,220.00* p.a plus GST

ESM (paths of travel):

$1,100.00* p.a plus GST

SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

06

PROPERTY PARTICULARS

LEASE EVIDENCE

111 & 12, 71 VICTORIA CRESCENT, ABBOTSFORD

13, 71 VICTORIA CRESCENT, ABBOTSFORD

Total Building Area: 360 sqm*

Total Building Area: 240 sqm*

Net Rental: $150,000 p.a net

Net Rental: $98,000 p.a net

Rate per sqm: $417 per sqm*

Rate per sqm: $397 per sqm*

LEVEL 1, 6/3 BROMHAM PLACE, RICHMOND

7/1 BROMHAM PLACE, RICHMOND

Total Building Area: 90 sqm*

Total Building Area: 124 sqm*

Net Rental: $36,000 p.a net

Net Rental: $48,000

Rate per sqm: $400 per sqm*

Rate per sqm: $387 per sqm*

07

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SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

07

CONTACT DETAILS

IAN ANGELICO

MANAGING DIRECTOR - AGENCY

M: 0418 336 088

POINT OF INTEREST:

POINT OF VIEW:

In more than 30 years, Ian has witnessed the successful signing of more than two thousand commercial real estate transactions – which is more of a legacy, than a track record. And it’s one that has been achieved by adopting a methodical approach amongst a myriad of changing variables. It’s one that has been sharpened through his holistic exposure to commercial projects across all points of Melbourne. By focusing on maximising each property’s profitability, Ian ensures that at the end of the day, it’s maximising value that determines his success.

“Business, similar to commercial property, comes down to economics — the all-important dollar. And so, those in the market must recognise that when providing platforms for businesses to transition from ideas to implementation, the price must be right not just today but tomorrow, too.”

E: ian.angelico@cva.melbourne

STAN DAWIDOWSKI

DIRECTOR - EASTERN REGION POINT OF INTEREST:

POINT OF VIEW:

It’s old school work ethic meets new school adaptability. The diligence that Stan brings to your property transaction is one that cannot be taught — only developed over time.

He’s a specialist in project work, offthe-plan sales and the current status of the market. It’s his willingness to share this professional advice with you that has Stan’s customers transitioning to clients before final contracts are signed.

“Commercial property is an excellent way to increase your wealth both as an owner-occupier and/or investor. In 35 years of real estate, it’s been those in the market who can not only advise, but educate, who have seen consistent client return and referral.”

M: 0400 448 755 E: stan.dawidowski@cva.melbourne

DISCLAIMER: THIS REPORT HAS BEEN COMPILED ON THE BASIS OF INFORMATION AVAILABLE. THOUGH EFFORTS HAVE BEEN MADE TO VERIFY OR ESTABLISH THE ACCURACY OF THE MATERIAL, IT IS NOT POSSIBLE TO WARRANT THAT IT IS ACCURATE. SOME PREDICTIONS ARE ESTIMATES ONLY AND NECESSARILY BASED ON ASSUMPTIONS WHICH MAY NOT OCCUR. ALL PARTIES SHOULD MAKE THEIR OWN INDEPENDENT ENQUIRIES WITH REGARD TO ALL THE INFORMATION CONTAINED IN THIS REPORT. THE REPORT IS INTENDED TO BE GENERAL INFORMATION ONLY AND WILL NOT FORM PART OF ANY CONTRACT NOR IS IT TO BE TAKEN AS ANY FORM OF ANY REPRESENTATION, WARRANTY OR INDUCEMENT. THE AGENTS AND REPRESENTATIVES DO NOT ACCEPT ANY RESPONSIBILITY FOR AND WILL NOT BE LIABLE IN RESPECT OF ANY OF THE CONTENTS OF THIS REPORT.

08

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SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

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09

APPENDICES

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SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

INFORMATION MEMORANDUM

FLOOR PLAN

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SUITE 8, 23-25 GIPPS STREET, COLLINGWOOD

FLOOR PLAN

FLOOR AREA SCHEDULE: TOTAL

sqm*

*All measurements and sizes are approximate only.

C

ȉ ȃȄ ȃȆ *,336 675((7 &2//,1*:22'

Pdr

DW

Kitchen

Total Area: 169 sqm Pdr

Entry

7.25 m

Exit

23.3 m