1 Derby Street, Collingwood, VIC 3066 | Jellis Craig

1 Derby Street, Collingwood

Infinite city-edge, arts precinct potential

The city-edge arts precinct near Smith Street and the Fitzroy Gardens showcases the magnificent arcaded façade of “Derby House” a grand 14-room Victorian in a beautiful Italianate row. A vast double-storey interior beyond a magnificent heritage profile highlights the remarkable potential of this rare 240sq. metre (approx.) building in a Mixed Use Zone at the East Melbourne-end of Collingwood. Desirably located in the vibrant arts precinct only a few steps from Smith Street – this expansive property with side laneway ROW is poised to reclaim its prominence and prestige. A former mansion with stables and more recently a rooming house with hydronic heating, the extensive layout retaining some period features is completely functional and currently consists of 13 bedrooms, several living areas, kitchens, bath and powder rooms that all converge onto ground-floor courtyards and an upper-level deck. The size and scope here is unparalleled presenting a multitude of outstanding options (STCA) including luxury renovation to craft a stunning residence, reimagining as a boutique apartment block, creating a brilliant new art gallery or other exciting plans. Inspiration is all around with this breathtaking building situated only a short stroll to Gertrude Street, cafés, restaurants, trams, East Melbourne hospitals, Fitzroy Gardens, the MCG and the city.


Lee Muddle

Partner & Senior Auctioneer

Collingwood Suburb Report

A reliable snapshot of the property market in Collingwood

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1 Derby Street, Collingwood - Floorplan 1