The chance to contribute to Collingwood's ever-evolving facade is on offer through the sale of a prominent two-storey building at the corner of Victoria Parade and Cambridge Street.

Most recently home to the historic Baden Powell Hotel, 61-65 Victoria Parade is being offered with vacant possession, providing the opportunity to develop, invest or owner-occupy.

Click here to view the listing on The Hotel Page.

Allard Shelton Director Joseph Walton said the corner location opened up the site to a wide variety of development outcomes that would "maximise its true potential".

"The property’s location so close to the CBD, along with being a corner site with substantial dual frontage, make its prospects for future development are enormous," he said.

Situated within a Commercial 1 Zone, the site benefits from proximity to Melbourne CBD, as well as Fitzroy and Carlton Gardens.

Its position between Brunswick Street and Smith Street means there is also an array of retail amenities nearby.

The substantial double-storey building sits on a corner allotment of about 509 square metres and includes street frontage to Victoria Parade and Cambridge Street of about 47.5 metres, along with partial access to a laneway at the rear of the building.

Fellow Allard Shelton Director Michael Ryan said the property offered "an array of opportunities to intending buyers with the potential for immediate rental uplift and future upsides".

The property is being offered for sale by an onsite Public Auction on Friday, September 6 at 12:30pm.

For more information, or to arrange a viewing, phone or email Joseph Walton or Michael Ryan via the details provided below.

Click here to view the listing on The Hotel Page.

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