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INFORMATION MEMORANDUM. POINT OF INTEREST: Suite 1, 65 Oxford Street, Collingwood HEAD OFFICE 03 9654 2311 18-20 Russell St, Melbourne

EASTERN OFFICE 03 9560 6686 2 Brandon Park Dr, Wheelers Hill

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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 01

TITLE PLAN

02

ZONING AND PLANNING OVERLAYS

03

EXPRESSIONS OF INTEREST FORM


01

POINT OF INTEREST

SUITE 1, 65 OXFORD STREET, COLLINGWOOD. BUILDING AREA

196 sqm*

ZONING

Mixed Use Zone — (MUZ)

TENANCY

Tenanted to Subway Developments Pty Ltd and Telstra Corporation Limited

METHOD OF SALE

Expressions of Interest closing 18th March 2021 at 3pm

SALE TERMS

10% deposit, balance 60/90 days

01

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02

POINT OF VIEW

“A city fringe commercial investment with strong, long standing covenant, long term lease and the benefits of fantastic local amenity.” –– LEO MANCINO DIRECTOR – NORTHERN/WESTERN REGION

Located in the heart of Collingwood’s rapidly evolving business and retail precinct, this modern, ground floor office is a perfect opportunity for the astute investor to add this gem to their portfolio.

Newly renovated kitchen and amenities. Street frontage and exposure to Oxford Street. Favourable mixed use zoning. Six secure car spaces on title.

“A quality building set right in the heart of Collingwood’s rapidly evolving mixed use precinct. The income is just the cherry on top.” –– RYAN MILIVOJAC SENIOR EXECUTIVE

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03

PROPERTY FEATURES

IMPROVEMENTS

Featuring a newly renovated kitchen and amenities, this light and bright ground floor office suite further comprises a generous reception, meeting rooms and partitioned offices. Further enhanced by street frontage and exposure spanning 20 metres* to busy Oxford Street, the time is now to capiltise on the immediate rental income yet have the additional flexibility to occupy the premises in the future.

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LOCATION

ALL SIGNS POINT TO: COLLINGWOOD.

AND THE POINT?

Situated within Collingwood’s rapidily evolving business and retail precinct, Oxford Street benefits greatly from its close proximity to major thoroughfares in Smith, Gertrude and Brunsiwck Streets, providing an array of cafe and restaurant selections and Coles and Woolworths Supermarket all at your fingertips.

Centralised. Connected. Convenient. All of the above points assist in enhancing this highly enticing, city fringe investment

Further bounded by Victoria Parade, Hoddle and Nicholson Streets, the property is centrally located to a number of Melbourne’s well known hospitals including Freemasons, St Vincents, The Royal Eye and Ear and The Epworth.

T

T

TREET

STREET

GTON S

HODDLE

WELLIN

TREET

TREET

WICK S

SMITH S

BRUNS

TREET

LSON S

NICHO

VICTORIA PARK STATION

JOHNST ON STREE

COLLINGWOOD STATION T

65 OXFORD

STREET

MEDICAL St Vincent’s Hospital

GERTRU

LANGRID GE STREE

DE STREE

FOOD

T

T

McDonalds SHOPPING Bunnings

PARLIAMENT STATION T

VICTOR

IA PARA

MEDICAL Royal Victorian Eye & Ear

FOOD MEDICAL MEDICAL

Hungry Jacks

Epworth Freemasons

St Vincent’s Private Hospital

04

DE

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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. Recent facts show that the median age for home occupiers is 32 years and the median household size is 2 bedrooms. 13.5% occupy a separate house in this suburb and 17.1% are semi-detached.

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

MEDIAN RESIDENTIAL PRICES HOUSE

$1,150,000.00

POPULATION UNDER 15 BETWEEN 15-65 OVER 65

81.7%

6,963 RESIDENTS

6.8%

576 RESIDENTS

100%

8,513 RESIDENTS

INDIVIDUAL FAMILY

05

981 RESIDENTS

WEEKLY INCOME

$700,000.00

UNIT

11.5%

$969

$2,200

HOUSEHOLD

WWW.CVA.MELBOURNE SUITE 1, 65 OXFORD STREET, COLLINGWOOD INFORMATION MEMORANDUM

$1,712


06

PROPERTY PARTICULARS

PRINCIPLE OUTGOINGS

SITE DETAILS

Council rates:

$2,665.43 p.a approximately plus GST

Water rates:

$1,050.17 p.a approximately plus GST

Refer to Plan of Subdivision Total site area:

TITLE PARTICULARS

196 square metres*

Certificate of Title — Volume 10890 Folio 918 Lot 1 on Plan of Subdivision 540195T.

ZONING

Mixed Use Zone (MUZ)

PLANNING OVERLAYS

Design and Development Overlay — Schedule 23 (DD023) Environment Audit Overlay (EAO)

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SUITE 1, 65 OXFORD STREET, COLLINGWOOD

INFORMATION MEMORANDUM


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PROPERTY PARTICULARS

TENANCY DETAILS TENANT

Subway Developments Pty Ltd

CURRENT RENTAL

$85,000.00 p.a. net

LEASE TERM

Four (4) years

FURTHER TERM

Five (5) further terms of three (3) years each

COMMENCEMENT DATE

1st August 2020

RENTAL REVIEWS

Fixed annually 3% with market review between lease terms

OUTGOINGS

Payable by the Tenant

SUBWAY DEVELOPMENTS PTY LTD SUBWAY® is the world’s largest submarine sandwich chain with more than 40,000 locations around the world. They have quickly become the leading choice for people seeking nutritious meal options that the whole family can enjoy.

07

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SUITE 1, 65 OXFORD STREET, COLLINGWOOD

INFORMATION MEMORANDUM


06

PROPERTY PARTICULARS

TENANCY DETAILS TENANT

Telstra Corporation Limited

CURRENT RENTAL

$7,179.18 p.a. net

LEASE TERM

Five (5) Years

COMMENCEMENT DATE

17th June 2020

TELSTRA CORPORATION LIMITED Telstra is Australia’s leading telecommunications and technology company, offering a full range of communications services and competing in all telecommunications markets. Telstra is proud to be helping customers improve the ways in which they live and work through connection.

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SUITE 1, 65 OXFORD STREET, COLLINGWOOD

INFORMATION MEMORANDUM


07

CONTACT DETAILS

LEO MANCINO

DIRECTOR NORTHERN / WESTERN REGION

POINT OF INTEREST:

POINT OF VIEW:

It’s the expertise accumulated over three decades paired with a realistic outlook on life, that makes Leo not just a seasoned director to the CVA team, but a significant asset when it comes to dealing with yours. From personable first impressions to successful business transactions, he has not just built a solid and loyal client base, but developed negotiation techniques that have earned him great respect in this city’s industry.

“Over the last thirty years in Melbourne’s dynamic commercial sector, I’ve experienced many highs and steered my clients confidently through the lows. Because, while the market fluctuates, my focus remains constant. And that proves to be the most reliable quality in the industry.”

M: 0418 343 147 E: leo.mancino@cva.melbourne

RYAN MILIVOJAC

SENIOR EXECUTIVE POINT OF INTEREST:

POINT OF VIEW:

Ryan redefines your definition of diligence. It’s a character trait strongly embedded in his work ethic and amplified by several years of serving in the military. Detailed and dedicated, he takes pride in elevating his clients’ expectations and continues to exceed them with his thorough market knowledge and ability to build longlasting relationships.

“It’s practical, it’s analytic and it’s pragmatic. But my approach in seeing commercial property as the vehicle for achieving objectives doesn’t just focus on the facts at hand — it’s about extracting the potential value that each site holds.”

M: 0409 481 471 E: ryan.milivojac@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.

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10

APPENDICES

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INFORMATION MEMORANDUM


TITLE PLAN

WWW.CVA.MELBOURNE

SUITE 1, 65 OXFORD STREET, COLLINGWOOD


ZONING & PLANNING OVERLAYS

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SUITE 1, 65 OXFORD STREET, COLLINGWOOD


VICTORIA PLANNING PROVISIONS

32.04 31/07/2018 VC148

MIXED USE ZONE Shown on the planning scheme map as MUZ with a number (if shown). Purpose

To implement the Municipal Planning Strategy and the Planning Policy Framework. To provide for a range of residential, commercial, industrial and other uses which complement the mixed-use function of the locality. To provide for housing at higher densities. To encourage development that responds to the existing or preferred neighbourhood character of the area. To facilitate the use, development and redevelopment of land in accordance with the objectives specified in a schedule to this zone. 32.04-1 15/07/2013 VC100

32.04-2 26/05/2020 VC175

Objectives A schedule to this zone may contain objectives to be achieved for the area. Table of uses Section 1 – Permit not required Use

Condition

Art gallery Bed and breakfast

No more than 10 persons may be accommodated away from their normal place of residence. At least 1 car parking space must be provided for each 2 persons able to be accommodated away from their normal place of residence.

Community care accommodation

Must meet the requirements of Clause 52.22-2.

Dependent person’s unit

Must be the only dependent person’s unit on the lot.

Domestic animal husbandry (other than Domestic animal boarding)

Must be no more than 2 animals.

Dwelling (other than Bed and breakfast) Food and drink premises

The leasable floor area must not exceed 150 square metres.

Home based business Informal outdoor recreation Medical centre

The gross floor area must not exceed 250 square metres.

Museum Office (other than Medical centre)

The leasable floor area must not exceed 250 square metres.

Place of worship

The gross floor area of all buildings must not exceed 250 square metres.

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VICTORIA PLANNING PROVISIONS

Use

Condition

Racing dog husbandry

Must be no more than 2 animals.

Railway Residential aged care facility Rooming house

Must meet the requirements of Clause 52.23-2.

Shop (other than Adult sex product shop)

The leasable floor area must not exceed 150 square metres.

Tramway Any use listed in Clause 62.01

Must meet the requirements of Clause 62.01.

Section 2 - Permit required Use

Condition

Accommodation (other than Community care accommodation, Dependent person's unit, Dwelling, Residential aged care facility and Rooming house) Agriculture (other than Animal production, Apiculture, Domestic animal husbandry and Racing dog husbandry) Domestic animal boarding Domestic animal husbandry (other than Domestic animal boarding) Must be no more than 5 animals. – if the Section 1 condition is not met Grazing animal production Industry (other than Materials recycling and Transfer station)

Must not be a purpose listed in the table to Clause 53.10.

Leisure and recreation (other than Informal outdoor recreation) Place of assembly (other than Art gallery, Carnival, Circus, Museum and Place of worship) Retail premises (other than Food and drink premises and Shop) Utility installation (other than Minor utility installation and Telecommunications facility)

Must not be a purpose listed in the table to Clause 53.10.

Warehouse

Must not be a purpose listed in the table to Clause 53.10.

Any other use not in Section 1 or 3

Section 3 - Prohibited Use Adult sex product shop Animal production (other than Grazing animal production) Brothel

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VICTORIA PLANNING PROVISIONS

Use Extractive industry Materials recycling Transfer station

32.04-3 31/07/2018 VC148

Use for industry, service station and warehouse Amenity of the neighbourhood

The use of land for an industry, service station or warehouse must not adversely affect the amenity of the neighbourhood, including through: The transport of materials or goods to or from the land. The appearance of any stored materials or goods. Traffic generated by the use. Emissions from the land. 32.04-4 31/07/2018 VC148

Subdivision Permit requirement

A permit is required to subdivide land. An application to subdivide land, other than an application to subdivide land into lots each containing an existing dwelling or car parking space, must meet the requirements of Clause 56 and: Must meet all of the objectives included in the clauses specified in the following table. Should meet all of the standards included in the clauses specified in the following table. Class of subdivision

Objectives and standards to be met

60 or more lots

All except Clause 56.03-5.

16 – 59 lots

All except Clauses 56.03-1 to 56.03-3, 56.03-5, 56.06-1 and 56.06-3.

3 – 15 lots

All except Clauses 56.02-1, 56.03-1 to 56.03-4, 56.05-2, 56.06-1, 56.06-3 and 56.06-6.

2 lots

Clauses 56.03-5, 56.04-2, 56.04-3, 56.04-5, 56.06-8 to 56.09-2.

VicSmart applications

Subject to Clause 71.06, an application under this clause for a development specified in Column 1 is a class of VicSmart application and must be assessed against the provision specified in Column 2. Class of application

Information requirements and decision guidelines

Subdivide land to realign the common boundary between 2 lots where:

Clause 59.01

The area of either lot is reduced by less than 15 percent. The general direction of the common boundary does not change.

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VICTORIA PLANNING PROVISIONS

Class of application

Information requirements and decision guidelines

Subdivide land into lots each containing an existing building or car parking space Clause 59.02 where: The buildings or car parking spaces have been constructed in accordance with the provisions of this scheme or a permit issued under this scheme. An occupancy permit or a certificate of final inspection has been issued under the Building Regulations in relation to the buildings within 5 years prior to the application for a permit for subdivision. Subdivide land into 2 lots if:

Clause 59.02

The construction of a building or the construction or carrying out of works on the land: –

Has been approved under this scheme or by a permit issued under this scheme and the permit has not expired.

Has started lawfully.

The subdivision does not create a vacant lot.

32.04-5 31/07/2018 VC148

Construction and extension of one dwelling on a lot Permit requirement

A permit is required to construct or extend one dwelling on a lot of less than 300 square metres. A development must meet the requirements of Clause 54. No permit required

No permit is required to: Construct or carry out works normal to a dwelling. Construct or extend an out-building (other than a garage or carport) on a lot provided the gross floor area of the out-building does not exceed 10 square metres and the maximum building height is not more than 3 metres above ground level. Make structural changes to a dwelling provided the size of the dwelling is not increased or the number of dwellings is not increased. VicSmart applications

Subject to Clause 71.06, an application under this clause for a development specified in Column 1 is a class of VicSmart application and must be assessed against the provision specified in Column 2. Class of application

Information requirements and decision guidelines

Construct an outbuilding or extend a dwelling if the development:

Clause 59.14

Does not exceed a building height of 5 metres. Is not visible from the street (other than a lane) or a public park.

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VICTORIA PLANNING PROVISIONS

Class of application

Information requirements and decision guidelines

Meets the requirements in the following standards of Clause 54: –

A10 Side and rear setbacks.

A11 Walls on boundaries.

A12 Daylight to existing windows.

A13 North-facing windows.

A14 Overshadowing open space.

A15 Overlooking.

For the purposes of this class of VicSmart application, the Clause 54 standards specified above are mandatory. If a schedule to the zone specifies a requirement of a standard different from a requirement set out in the Clause 54 standard, the requirement in the schedule to the zone applies and must be met.

32.04-6 31/07/2018 VC148

Construction and extension of two or more dwellings on a lot, dwellings on common property and residential buildings Permit requirement

A permit is required to: Construct a dwelling if there is at least one dwelling existing on the lot. Construct two or more dwellings on a lot. Extend a dwelling if there are two or more dwellings on the lot. Construct or extend a dwelling if it is on common property. Construct or extend a residential building. A permit is required to construct or extend a front fence within 3 metres of a street if: The fence is associated with 2 or more dwellings on a lot or a residential building, and The fence exceeds the maximum height specified in Clause 55.06-2. A development must meet the requirements of Clause 55. This does not apply to a development of five or more storeys, excluding a basement. An apartment development of five or more storeys, excluding a basement, must meet the requirements of Clause 58. A permit is not required to construct one dependent person’s unit on a lot. Transitional provisions

Clause 55 of this scheme, as in force immediately before the approval date of Amendment VC136, continues to apply to: An application for a planning permit lodged before that date. An application for an amendment of a permit under section 72 of the Act, if the original permit application was lodged before that date. Clause 58 does not apply to:

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VICTORIA PLANNING PROVISIONS

An application for a planning permit lodged before the approval date of Amendment VC136. An application for an amendment of a permit under section 72 of the Act, if the original permit application was lodged before the approval date of Amendment VC136. VicSmart applications

Subject to Clause 71.06, an application under this clause for a development specified in Column 1 is a class of VicSmart application and must be assessed against the provision specified in Column 2.

32.04-7 15/07/2013 VC100

Class of application

Information requirements and decision guidelines

Construct or extend a front fence within 3 metres of a street if the fence is associated with 2 or more dwellings on a lot or a residential building.

Clause 59.03

Requirements of Clause 54 and Clause 55 A schedule to this zone may specify the requirements of: Standards A3, A5, A6, A10, A11, A17 and A20 of Clause 54 of this scheme. Standards B6, B8, B9, B13, B17, B18, B28 and B32 of Clause 55 of this scheme. If a requirement is not specified in a schedule to this zone, the requirement set out in the relevant standard of Clause 54 or Clause 55 applies.

32.04-8 26/10/2018 VC152

Residential aged care facility Permit requirements

A permit is required to construct a building or construct or carry out works for a residential aged care facility. A development must meet the requirements of Clause 53.17 - Residential aged care facility. 32.04-9 04/12/2020 VC180

Buildings and works associated with a Section 2 use A permit is required to construct a building or construct or carry out works for a use in Section 2 of Clause 32.04-2. VicSmart applications

Subject to Clause 71.06, an application under this clause for a development specified in Column 1 is a class of VicSmart application and must be assessed against the provision specified in Column 2. Class of application

Information requirements and decision guidelines

Construct a building or construct or carry out works where:

Clause 59.04

The building or works are not associated with a dwelling, primary school or secondary school and have an estimated cost of up to $100,000; or

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VICTORIA PLANNING PROVISIONS

Class of application

Information requirements and decision guidelines

The building or works are associated with a primary school or secondary school and have an estimated cost of up to $500,000; and The requirements in the following standards of Clause 54 are met, where the land adjoins land in a residential zone used for residential purposes: –

A10 Side and rear setbacks.

A11 Walls on boundaries.

A12 Daylight to existing windows.

A13 North-facing windows.

A14 Overshadowing open space.

A15 Overlooking.

For the purposes of this class of VicSmart application, the Clause 54 standards specified above are mandatory. If a schedule to the zone specifies a requirement of a standard different from a requirement set out in the Clause 54 standard, the requirement in the schedule to the zone applies and must be met.

32.04-10 26/10/2018 VC152

Buildings on lots that abut another residential zone Any buildings or works constructed on a lot that abuts land which is in a General Residential Zone, Neighbourhood Residential Zone, Residential Growth Zone, or Township Zone must meet the requirements of Clauses 55.03-5, 55.04-1, 55.04-2, 55.04-3, 55.04-5 and 55.04-6 along that boundary. This does not apply to a building or works for a residential aged care facility.

32.04-11 26/10/2018 VC152

Maximum building height requirement A building must not be constructed that exceeds the maximum building height specified in a schedule to this zone. A building may exceed the maximum building height specified in a schedule to this zone if: It replaces an immediately pre-existing building and the new building does not exceed the building height of the pre-existing building. There are existing buildings on both abutting allotments that face the same street and the new building does not exceed the building height of the lower of the existing buildings on the abutting allotments. It is on a corner lot abutted by lots with existing buildings and the new building does not exceed the building height of the lower of the existing buildings on the abutting allotments. It is constructed pursuant to a valid building permit that was in effect prior to the introduction of this provision. It is a residential aged care facility and the maximum building height in the schedule to the zone is less than 16 metres. An extension to an existing building may exceed the maximum building height specified in a schedule to this zone if it does not exceed the building height of the existing building.

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VICTORIA PLANNING PROVISIONS

A building may exceed the maximum building height by up to 1 metre if the slope of the natural ground level, measured at any cross section of the site of the building wider than 8 metres, is greater than 2.5 degrees. The maximum building height requirement in this zone or a schedule to this zone applies whether or not a planning permit is required for the construction of a building. Building height if land is subject to inundation

If the land is in a Special Building Overlay, Land Subject to Inundation Overlay or is land liable to inundation the maximum building height specified in the zone or schedule to the zone is the vertical distance from the minimum floor level determined by the relevant drainage authority or floodplain management authority to the roof or parapet at any point. 32.04-12 26/10/2018 VC152

Application requirements General

Any application requirements specified in a schedule to this zone. Use for industry and warehouse

Unless the circumstances do not require, an application to use land for an industry or warehouse must be accompanied by the following information: The purpose of the use and the types of activities to be carried out. The type and quantity of materials and goods to be stored, processed or produced. Whether a Works Approval or Waste Discharge Licence is required from the Environment Protection Authority. Whether a notification under the Occupational Health and Safety Regulations 2017 is required, a licence under the Dangerous Goods Act 1985 is required, or a fire protection quantity under the Dangerous Goods (Storage and Handling) Regulations 2012 is exceeded. How land not required for immediate use is to be maintained. The likely effects, if any, on the neighbourhood, including noise levels, traffic, air-borne emissions, emissions to land and water, light spill, glare, solar access and hours of operation (including the hours of delivery and dispatch of materials and goods). Buildings and works associated with a Section 2 use

An application to construct a building or construct or carry out works must be accompanied by the following information, as appropriate: A site analysis and descriptive statement explaining how the proposal responds to the site and its context. Plans drawn to scale and dimensioned which show: –

The layout of proposed buildings and works.

An elevation of the building design and height.

Setbacks to property boundaries.

All proposed access and pedestrian areas.

All proposed driveway, car parking and loading areas.

Existing vegetation and proposed landscape areas.

The location of easements and services.

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VICTORIA PLANNING PROVISIONS

32.04-13 26/10/2018 VC152

Exemption from notice and review Subdivision

An application for subdivision is exempt from the notice requirements of section 52(1)(a), (b) and (d), the decision requirements of section 64(1), (2) and (3) and the review rights of section 82(1) of the Act. Other applications

A schedule to this zone may specify that an application is exempt from the notice requirements of section 52(1)(a), (b) and (d), the decision requirements of section 64(1), (2) and (3) and the review rights of section 82(1) of the Act. 32.04-14 24/01/2020 VC160

Decision guidelines General

Before deciding on an application, in addition to the decision guidelines in Clause 65, the responsible authority must consider, as appropriate: The Municipal Planning Strategy and the Planning Policy Framework. The objectives set out in a schedule to this zone. Any other decision guidelines specified in a schedule to this zone. The impact of overshadowing on existing rooftop solar energy systems on dwellings on adjoining lots in a Mixed Use Zone or Residential Growth Zone. Use for industry, service station and warehouse

The effect that existing uses on adjoining or nearby land may have on the proposed use. The design of buildings, including provision for solar access. The availability and provision of utility services. The effect of traffic to be generated by the use. The interim use of those parts of the land not required for the proposed use. Whether the use is compatible with adjoining and nearby land uses. For non-residential uses, the proposed hours of operation, noise and any other likely off-site amenity impacts. Subdivision

The pattern of subdivision and its effect on the spacing of buildings. For subdivision of land for residential development, the objectives and standards of Clause 56. Construction and extension of one dwelling on a lot

The objectives, standards and decision guidelines of Clause 54. Construction and extension of two or more dwellings on a lot, dwellings on common property and residential buildings

For two or more dwellings on a lot, dwellings on common property and residential buildings, the objectives, standards and decision guidelines of Clause 55. This does not apply to an apartment development of five or more storeys, excluding a basement. For an apartment development of five or more storeys, excluding a basement, the objectives, standards and decisions guidelines of Clause 58.

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VICTORIA PLANNING PROVISIONS

32.04-15 26/10/2018 VC152

Signs Sign requirements are at Clause 52.05. This zone is in Category 3 unless a schedule to this zone specifies a different category.

Page 10 of 10


YARRA PLANNING SCHEME

15/07/2013 VC100

SCHEDULE TO CLAUSE 32.04 MIXED USE ZONE Shown on the planning scheme map as MUZ. YARRA MIXED USE AREAS

1.0 15/07/2013 VC100

2.0

Objectives None specified. Clause 54 and Clause 55 requirements

15/07/2013 VC100

Standard

Requirement

Minimum street setback

A3 and B6

None specified

Site coverage

A5 and B8

None specified

Permeability

A6 and B9

None specified

Landscaping

B13

None specified

Side and rear setbacks

A10 and B17

None specified

Walls on boundaries

A11 and B18

None specified

Private open space

A17

None specified

B28

None specified

A20 and B32

None specified

Front fence height

3.0 15/07/2013 VC100

4.0 15/07/2013 VC100

5.0 15/07/2013 VC100

6.0 15/07/2013 VC100

Maximum building height requirement None specified. Exemption from notice and review None specified. Application requirements None specified. Decision guidelines None specified.

Page 1 of 1


43.02 31/07/2018 VC148

DESIGN AND DEVELOPMENT OVERLAY Shown on the planning scheme map as DDO with a number. Purpose

To implement the Municipal Planning Strategy and the Planning Policy Framework. To identify areas which are affected by specific requirements relating to the design and built form of new development. 43.02-1 19/01/2006 VC37

43.02-2 31/07/2018 VC148

Design objectives A schedule to this overlay must contain a statement of the design objectives to be achieved for the area affected by the schedule. Buildings and works Permit requirement

A permit is required to: Construct a building or construct or carry out works. This does not apply: – –

If a schedule to this overlay specifically states that a permit is not required. To the construction of an outdoor swimming pool associated with a dwelling unless a specific requirement for this matter is specified in a schedule to this overlay.

Construct a fence if specified in a schedule to this overlay. Buildings and works must be constructed in accordance with any requirements in a schedule to this overlay. A schedule may include requirements relating to: Building setbacks. Building height. Plot ratio. Landscaping. Any other requirements relating to the design or built form of new development. A permit may be granted to construct a building or construct or carry out works which are not in accordance with any requirement in a schedule to this overlay, unless the schedule specifies otherwise. VicSmart applications

Subject to Clause 71.06, an application under this clause for a development specified in Column 1 is a class of VicSmart application and must be assessed against the provision specified in Column 2. Class of application

Information requirements and decision guidelines

Construct a fence.

Clause 59.05

Construct a building or construct or carry out works for:

Clause 59.05

A carport, garage, pergola, verandah, deck, shed or similar structure. An outdoor swimming pool. The buildings and works must be associated with a dwelling.

Page 1 of 3


Class of application

Information requirements and decision guidelines

Construct a building or construct or carry out works with an estimated cost Clause 59.05 of up to $1,000,000 where the land is in an industrial zone. Construct a building or construct or carry out works with an estimated cost Clause 59.05 of up to $500,000 where the land is in a commercial zone or a Special Use, Comprehensive Development, Capital City, Docklands, Priority Development or Activity Centre Zone.

Exemption from notice and review

A schedule to this overlay may specify that an application is exempt from the notice requirements of section 52(1)(a), (b) and (d), the decision requirements of section 64(1), (2) and (3) and the review rights of section 82(1) of the Act. 43.02-3 31/07/2018 VC148

Subdivision Permit requirement

A permit is required to subdivide land. This does not apply if a schedule to this overlay specifically states that a permit is not required. Subdivision must occur in accordance with any lot size or other requirement specified in a schedule to this overlay. A permit may be granted to subdivide land which is not in accordance with any lot size or other requirement in a schedule to this overlay, unless the schedule specifies otherwise. VicSmart applications

Subject to Clause 71.06, an application under this clause for a development specified in Column 1 is a class of VicSmart application and must be assessed against the provision specified in Column 2. Class of application

Information requirements and decision guidelines

Subdivide land to realign the common boundary between 2 lots where:

Clause 59.01

The area of either lot is reduced by less than 15 percent. The general direction of the common boundary does not change. Subdivide land into lots each containing an existing building or car parking space Clause 59.02 where: The buildings or car parking spaces have been constructed in accordance with the provisions of this scheme or a permit issued under this scheme. An occupancy permit or a certificate of final inspection has been issued under the Building Regulations in relation to the buildings within 5 years prior to the application for a permit for subdivision. Subdivide land into 2 lots if:

Clause 59.02

The construction of a building or the construction or carrying out of works on the land:

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Class of application

Has been approved under this scheme or by a permit issued under this scheme and the permit has not expired.

Has started lawfully.

Information requirements and decision guidelines

The subdivision does not create a vacant lot.

Exemption from notice and review

A schedule to this overlay may specify that an application is exempt from the notice requirements of section 52(1)(a), (b) and (d), the decision requirements of section 64(1), (2) and (3) and the review rights of section 82(1) of the Act. 43.02-4 31/07/2018 VC148

43.02-5 31/07/2018 VC148

43.02-6 31/07/2018 VC148

Signs Sign requirements are at Clause 52.05 unless otherwise specified in a schedule to this overlay. Application requirements An application must be accompanied by any information specified in a schedule to this overlay. Decision guidelines Before deciding on an application, in addition to the decision guidelines in Clause 65, the responsible authority must consider, as appropriate: The Municipal Planning Strategy and the Planning Policy Framework. The design objectives of the relevant schedule to this overlay. The provisions of any relevant policies and urban design guidelines. Whether the bulk, location and appearance of any proposed buildings and works will be in keeping with the character and appearance of adjacent buildings, the streetscape or the area. Whether the design, form, layout, proportion and scale of any proposed buildings and works is compatible with the period, style, form, proportion, and scale of any identified heritage places surrounding the site. Whether any proposed landscaping or removal of vegetation will be in keeping with the character and appearance of adjacent buildings, the streetscape or the area. The layout and appearance of areas set aside for car parking, access and egress, loading and unloading and the location of any proposed off street car parking Whether subdivision will result in development which is not in keeping with the character and appearance of adjacent buildings, the streetscape or the area. Any other matters specified in a schedule to this overlay.

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YARRA PLANNING SCHEME

22/11/2018 C250

SCHEDULE 23 TO CLAUSE 43.02 DESIGN AND DEVELOPMENT OVERLAY Shown on the planning scheme map as DDO23. COLLINGWOOD SOUTH (MIXED-USE) PRECINCT

1.0 22/11/2018 C250

Design objectives To foster an emerging, contemporary, mixed-use character with a prominent street-wall edge, incorporating upper level setbacks and design features that create a distinction between lower and upper levels. To ensure that the overall scale and form of new buildings is mid-rise (ranging from 3 to 12 storeys) and responds to the topography of the precinct, by providing a suitable transition in height as the land slopes upwards, whilst minimising amenity impacts on existing residential properties , including visual bulk, overlooking and overshadowing. To maintain the prominence of the corner heritage buildings on Wellington Street, and respect both individual and groups of low-scale heritage buildings through recessive upper level development and a transition in scale from taller form towards the interface with heritage buildings. To promote and encourage pedestrian activity through street edge activation and the protection of footpaths and public open spaces from loss of amenity through overshadowing. To ensure that development provides for equitable development outcomes through building separation and a design response that considers the development opportunities of neighbouring properties.

2.0 22/11/2018 C250

2.1 22/11/2018 C250

Buildings and works A permit is required to construct a building or construct or carry out works. Definitions Street wall is the façade of a building at the street boundary. Street wall height is measured at the vertical distance between the footpath at the centre of the frontage and the highest point of the building, parapet, balustrade or eaves at the street edge, with the exception of architectural features and building services. Rear interface is the rear wall of any proposed building or structure whether on the property boundary or set back from the property boundary. Building height does not include non structural elements that project above the building height and service equipment including plant rooms, lift overruns, structures associated with green roof areas, screens to service areas or other such equipment provided that all of the following criteria are met: Less than 50% of the roof area is occupied by the equipment (other than solar panels); Any equipment is located in a position on the roof so as to avoid additional overshadowing of either public or private open space, or windows to habitable rooms of an adjacent property; Any equipment does not extend higher than 3.6 metres above the proposed height of the building; and Any equipment and any screening is integrated into the design of the building to the satisfaction of the Responsible Authority. Setback is the shortest horizontal distance from a building, including projections such as balconies, building services and architectural features, to the property boundary. Upper Level Development is development above the height of the street wall.

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YARRA PLANNING SCHEME

Heritage Building refers to any building subject to a heritage overlay, graded as either Contributory or Individually Significant. 2.2 22/11/2018 C250

Built form requirements The following buildings and works requirements apply to an application to construct a building or construct or carry out works. Building height requirements

The building height requirements are set out in Plan 1: Building Heights Framework Plan of this schedule. Buildings or works must not exceed the maximum building height shown in Plan 1: Building Heights Framework Plan. A permit cannot be granted to vary a building height specified in Plan 1: Building Heights Framework Plan, unless all of the following requirements are met: the built form outcome as a result of the proposed variation satisfies the Design Objectives in Clause 1.0, the Heritage Building Design Requirements and the Overshadowing and Solar Access (Public Realm) Requirements; the proposal will achieve each of the following: – –

greater building separation than the minimum requirement in this schedule; housing for diverse households types, including people with disability, older persons, and families, through the inclusion of varying dwelling sizes and configurations; universal access, and communal and / or private open space provision that exceeds the minimum standards in Clauses 55.07 and 58; and excellence for environmental sustainable design measured as a minimum BESS project score of 70%.

Street wall height requirements

The street wall height requirements are set out in Plan 1: Building Heights Framework Plan of this schedule. Buildings or works must not exceed the maximum street wall height shown in Plan 1: Building Heights Framework Plan. A permit cannot be granted to vary a street wall height specified in Plan 1: Building Heights Framework Plan unless all of the following are met: the built form outcome as a result of the proposed variation satisfies the Design Objectives at Clause 1.0 and the Heritage Building Design Requirements in this schedule; the proposed street wall height provides a transition, scaling down to the interface with heritage building, and is no more than two storeys higher than the street-wall height of the adjacent heritage building; and the proposed street wall height does not overwhelm the adjacent heritage building. Setback requirements for non-heritage buildings

Development must be built to the front property boundary except for development at 54 and 56 Oxford Street. Development at 54 and 56 Oxford Street must match the front setback of the heritage building at 58 Oxford Street. Development must be setback in accordance with the minimum upper level setbacks specified in Table 1.

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YARRA PLANNING SCHEME

Table 1 – Minimum Upper Level Setbacks for Non-Heritage Sites Area 1

Area 2

Area 3

6m

6m

3m

For development adjacent to a heritage building, a permit cannot be granted to construct a building or carry out works if it does not meet the preferred minimum upper level setback requirements in Table 1 unless the proposal meets the Design Objectives and the Heritage Building Design Requirements in this schedule Setback requirements for heritage buildings

For single storey heritage buildings, development must: be setback a minimum of 6m from the heritage facade; and be designed to occupy no more than ¼ of the visible built form, as viewed from the opposite side of the street at a height of 1.7m above the footpath, as illustrated in Diagrams 1 and 2. Diagram 1 – Sight-line test: ¼ : ¾ of visible parts of building (single storey)

Diagram 2 – Sight-line test: ¼ : ¾ of visible parts of building (single storey with parapet)

For two storey heritage buildings, development must: be setback a minimum of 6m from the heritage façade; and be designed to occupy no more than ¼ of the visible built form, as viewed from the opposite side of the street at a height of 1.7m above the footpath, as illustrated in Diagram 3.

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YARRA PLANNING SCHEME

Diagram 3 – Sight-line test: ¼ : ¾ of visible parts of building (double storey with parapet)

Heritage building design requirements

Alterations and additions to heritage buildings must be designed to: be visually recessive when viewed at any location along the streetscape, from the opposite side of the street; retain the primacy of the three-dimensional form of the heritage building as viewed from the public realm to avoid ‘facadism’; not visually dominate the existing heritage fabric; retain the visual prominence of the return façades of buildings on corner sites; retain solid built form behind retained facades and avoid balconies behind existing openings; maintain the inter-floor height of the existing building and avoid new floor plates and walls cutting through historic openings; utilise visually lightweight materials and finishes that are recessive in texture and colour and provide a juxtaposition with the heavier masonry of the heritage facades. Development on sites within a Heritage Overlay, graded as Not-Contributory, or on sites adjacent to a heritage building should be designed to: provide a transition in height at the interface (side or rear boundary) with the heritage building; ensure that façade treatments are simple and do not compete with the detailing of the adjacent heritage building(s); incorporate simple architectural detailing that does not detract from significant elements of the heritage building; be visually recessive; be articulated to reflect the fine grained character of the streetscape, where this is a prominent feature. Overshadowing and solar access (public realm) requirements

Development must not overshadow any part of the southern side footpath of the following streets, between 10am and 2pm on September 22: Peel Street to a distance of 2.0 metres from the kerb; Langridge Street to a distance of 2.0 metres from the kerb; Derby Street to a distance of 2.0 metres from the kerb. For streets that extend in a north-south direction, development must not overshadow: the eastern footpath to a distance of 2.0 metres from the kerb between 10am and 2pm on September 22; Page 4 of 7


YARRA PLANNING SCHEME

the western footpath to a distance of 2.0 metres from the kerb from 10am to 2pm on September 22. Development must be designed to minimise overshadowing of the following areas of open space between 10am and 2pm on September 22: Cambridge Street Reserve; Oxford Street Reserve; The outdoor space of the Collingwood English Language School. Other design requirements

Development interfacing with areas of public open space must: provide a suitable transition in scale to the interface with the public open space; ensure that development does not visually dominate the public open space; provide passive surveillance from lower and upper levels. Development at the rear of the properties at 10 - 22 Derby Street must be designed to address Langridge Street. The rear interface of a development abutting a laneway must not exceed a preferred height of 11 metres. The street frontage of development must: provide a prominent, well-articulated street-wall edge that provides a distinction between the lower and the upper levels of the building; address all street frontages and, where heritage elements are not a constraint, incorporate design elements/features that contribute to an engaging streetscape, avoiding blank walls and provide active frontages, where appropriate to the proposed use at ground level; be designed to accommodate (or can be adapted to accommodate) commercial activity at the ground floor incorporating a suitable commercial floor height, where heritage elements are not a constraint; locate service entries/access doors away from the primary street frontage, or where not possible, be sensitively designed to integrate into the façade of the building; respond to the topography of the east-west oriented streets through transition and “stepping” of the ground floor to appropriately address the street. The design of upper levels of development must: be well-designed and articulated to break up the building mass across sites with a wide frontage; distinguish between the lower and upper levels through materials and articulation; be designed so that side walls are articulated and read as part of the overall. building design and not detract from the streetscape when viewed from direct and oblique views along the streetscape; provide passive surveillance of adjacent streets and public open space. Building separation, amenity and equitable development requirements

An application for development must provide a design response that considers the future development opportunities of adjacent properties in terms of outlook, daylight and solar access to windows, as well as managing visual bulk. Where development shares a common boundary, upper level development must: be setback a minimum of 4.5m from the common boundary, where a habitable window or balcony is proposed Page 5 of 7


YARRA PLANNING SCHEME

be setback a minimum of 3.0m from the common boundary where a commercial or non habitable window is proposed. Where the common boundary is a laneway, the setback is measured from the centre of the laneway. Vehicle access and car parking requirements

Development must be designed to: avoid providing vehicle access from Wellington Street and provide access from a side street or laneway where practical; provide car parking in a basement. Where basement car parking is not possible, it must be concealed within the building envelope; avoid providing recessed parking spaces at the ground floor level of buildings and onsite parking spaces at the front of properties. Pedestrian access to buildings, including upper level apartments, must be from a street or a shared zone. Where pedestrian access can only be provided from a laneway, the pedestrian entrance must be setback from the laneway and be well lit to enable safe access. 3.0 22/11/2018 C250

4.0 22/11/2018 C250

5.0 22/11/2018 C250

6.0 01/10/2020 C284yara

Subdivision None specified. Advertising signs None specified Application requirements None specified Decision guidelines The following decision guidelines apply to an application for a permit under Clause 43.02, in addition to those specified in Clause 43.02 and elsewhere in the scheme which must be considered, as appropriate, by the responsible authority: Whether the Built Form Requirements in Clause 2.0 are met. Whether the Heritage Building Design Requirements in Clause 2.0 are met (where the land is affected by a Heritage Overlay or immediately adjacent to a Heritage Overlay). Whether the proposal has considered the development rights/potential of neighbouring properties in terms of achieving good internal amenity for future proposals through building separation and design. Whether the proposal responds to the presence of heritage buildings either on, or in close proximity to the site though a suitable transition in scale of street-wall, upper level setbacks and building height. How the proposal responds in terms of scale and transition to the sloping topography of the area. The design response at the interface with existing low-scale residential properties, including the overshadowing of secluded private open space. Whether the proposal provides a high quality public realm interface that either activates the street edge or provides an engaging and well-designed street interface, and contributes positively to the pedestrian environment and other areas of the public realm.

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YARRA PLANNING SCHEME

How any proposed buildings and works will impact on solar access to footpaths and public open spaces. The wind effects created by the development. Expiry

The requirements of this schedule cease to have effect after 30 June 2021. Plan 1: Building Heights Framework Plan

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EXPRESSIONS OF INTEREST FORM

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SUITE 1, 65 OXFORD STREET, COLLINGWOOD


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EXPRESSIONS OF INTEREST FORM SUITE 1, 65 OXFORD STREET, COLLINGWOOD Parties interested in the purchase of Suite 1, 65 Oxford Street, Collingwood are invited to complete this form and return to our office via email, post or facsimile no later than Thursday 18th March 2020 at 3pm. Addess to:

CVA Property Consultants Attention: Leo Mancino

Post or Hand Deliver to:

18-20 Russell Street, Melbourne VIC 3000

Email:

leo.mancino@cva.melbourne

Fax: (03) 9654 4264 ______________________________________________________________________________________ Purchasing Entity Entity/Individual:

________________________________________________________________________

Address: ________________________________________________________________________ ________________________________________________________________________ Attention:

____________________________

ABN: ______________________________

Telephone:

____________________________

Email: ______________________________

Proposed Purchase Terms Purchase Price:

________________________________________________________________________

Deposit (%):

________________________________________________________________________

Settlement Period: ________________________________________________________________________ Conditions: ________________________________________________________________________ Solicitor Company:

________________________________________________________________________

Attention: ________________________________________________________________________ Address: ________________________________________________________________________ ________________________________________________________________________ Telephone:

____________________________

Email: ______________________________

Additional information or special conditions, which supports or clarifies a Registrant’s submission, may be annexed to this ‘Expressions of Interest Form’. The Contract of Sale, Vendor’s Statement and any other available information has been provided to interested parties upon request. ____________________________________________ _____________________________________ Signed for and on behalf of the Purchasing Entity Date

___________________________________________ Name of Signatory (Please Print) NOTE: The Vendor has the right, at its sole discretion, to vary the sales process, to postpone or cancel the sale of the property and to modify or add any terms and conditions to any proposed contract of sale or Vendor’s Statement which may be made available to a potential purchaser.

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SUITE 1, 65 OXFORD STREET, COLLINGWOOD

INFORMATION MEMORANDUM

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Information Memorandum - Suite 1, 65 Oxford Street, Collingwood