61-65 Victoria ParadeCollingwood VIC 3066
Property Details for 61-65 Victoria Pde, Collingwood
Last Listing description (July 2019)
Situated at the corner of Victoria Parade and Cambridge Street, this premium opportunity offers the flexibility to either redevelop this strategic corner property or to continue operating the current & successful Baden Powell Hotel including 12 accommodation suites - the option is yours.
Should you decide to redevelop as mentioned you may choose to operate the hotel whilst making application to council for your preferred scheme or you may decide to sell the hotel business & retain this asset as an investment. If you're a hotel operator there is plenty of scope to further improve the operation of the Baden Powell. Again the choice is entirely yours.
Only 3km from the Melbourne CBD
Strategic, prominent corner location
Commercial 1 Zoning
Land size 520sqm*
Vacant Possession offered as a going concern
Fully fitted out hotel currently operating
All plant, equipment, stock (at valuation) & furniture included
Walk in Walk out proposition
Rare 3am liquor license
Redevelop site STCA Residential / Commercial / Mixed Use
Suits the most astute property developer, hotel operator or investor
*Approx
Property History for 61-65 Victoria Pde, Collingwood, VIC 3066
- 19 Dec 2019Sold for $5,500,000
- 03 Aug 2019Listed for Sale Not Disclosed
- 17 Oct 2018Listed for Sale EXPRESSIONS OF INTEREST
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About Collingwood 3066
The size of Collingwood is approximately 1.3 square kilometres. There are 5 parks, covering nearly 2.2% of the total area. The population of Collingwood in 2016 was 8513 people. By 2021 the population was 9179 showing a population growth of 7.8% in the area during that time. The predominant age group in Collingwood is 30-39 years. Households in Collingwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Collingwood work in a professional occupation.In 2021, 33.30% of the homes in Collingwood were owner-occupied compared with 30.40% in 2016.
Collingwood has 8,748 properties. Over the last 5 years, Houses in Collingwood have seen a -12.03% decrease in median value, while Units have seen a 1.06% increase. As at 31 July 2026:
- The median value for Houses in Collingwood is $1,155,309 while the median value for Units is $694,534.
- Houses have a median rent of $800 while Units have a median rent of $700.
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