29-31 Budd Street, Collingwood, Vic 3066

$1,120,000

Warehouse
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 29-31 Budd Street, Collingwood, Vic 3066)

$1,120,000

Michael Amarant PARTNER, LICENSED ESTATE AGENT & AUCTIONEER
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development site in Collingwood featuring dual titles, existing Victorian residence, and substantial redevelopment potential within a Commercial 2 zone.

🏡 Property Highlights

  • Unique city fringed site with development potential in Collingwood
  • Two separate titles offering flexible development options
  • Existing Victorian weatherboard home with 2 bedrooms and 2 living zones
  • Additional outhouses and sheds with 7 principal rooms
  • Leased electrical sub-station on long-term lease
  • Side access facilitating potential off-street parking

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Shed
  • Outdoor Area
  • Built-in Robes
  • Garage / Secure Parking
  • Home Office / Study
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Collingwood is a vibrant inner-city suburb renowned for its eclectic mix of heritage architecture, thriving arts scene, and diverse dining options. Its proximity to Melbourne’s CBD makes it highly desirable for investors and developers alike. The area offers excellent transport links, a strong community vibe, and a range of recreational amenities, making it an ideal location for both lifestyle and investment opportunities.

What are the development possibilities for this site?
The site offers a myriad of development options due to its zoning (Commercial 2) and dual titles, making it suitable for commercial, residential, or mixed-use projects, subject to council approval.
Is the existing Victorian home suitable for renovation or redevelopment?
Yes, the Victorian weatherboard home provides a charming heritage feature and can be renovated or incorporated into a new development, depending on your plans.
What are the lease terms for the electrical sub-station?
The sub-station is leased via Citi Power on a long-term lease at a nominal amount, providing additional income or flexibility for future plans.
Are there parking options available on the site?
The property benefits from side access, which facilitates potential off-street parking solutions, although no dedicated parking is currently included.
What is the settlement period available?
Settlement options are flexible, with periods available at 30, 60, 90, or 120 days to suit buyer requirements.
Are there any existing planning restrictions or easements that could affect development plans? Has a recent building or pest inspection been conducted on the Victorian home? Are there any outstanding rates, taxes, or levies on the property? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or zoning changes that could impact the property's value or use? What are the costs associated with subdividing or consolidating the two titles? Are there any restrictions on the use of the leased sub-station or other site infrastructure? Is there any ongoing maintenance or repair required for the existing structures? Are there any nearby construction projects or developments that could affect the property? What are the total costs involved in developing or renovating this site?

29-31 Budd Street, Collingwood, Vic 3066 - More Details

$1,120,000

Type
Warehouse
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

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