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Sold on 28 Mar 2018

2 Cole Street Williamstown VIC 3016

  • Development / Land
  • 886 m²
  • Sold

Premium Williamstown Waterfront Opportunity

  • Superb Corner Site
  • Commercial 1 Zone
  • Short-Term Holding Income

Savills is delighted to offer for sale this high profile Williamstown landholding with holding income and huge potential located at 2 Cole Street, Williamstown.

The key attributes of this site include:
- A superb corner landholding of 886sq m*
- Combined triple street frontage of over 100m*
- Flexible Commercial 1 Zone
- Leased to Telstra until mid-2022 with a 1-year option
- Flexible settlement terms available
- Exceptional development potential with opportunity for stunning water views from the upper levels
- Extensive 51m* of park frontage to Maclean Reserve
- Situated just a 2 minute walk from the vibrant Nelson Place waterfront retail precinct
- Serviced by high quality schools, parks and public transport including trains and buses
- A short walk from the picturesque Williamstown Botanic Gardens and Williamstown Beach
- Williamstown has a strong median house price of $1,472,000^, with 13%* annual growth over the past 4 years

The opportunity to secure a prime landholding with significant development potential in this premium area with strong growth trends is extremely rare, especially when you consider the holding income, premium waterfront location and triple street frontage.

EOI Closed – Offers Under Review

For further information, please contact:

Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

*Approx
^Source: realestate.com.au

Supporting Documents

Supporting Document 1
Address2 Cole Street Williamstown VIC 3016
ZoningC1Z - Commercial 1 Zone (C1Z)
CouncilHOBSONS BAY CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2014189471
Date Sold28 Mar 2018
Floor AreaAsk Agent
Land Area886 m²
ParkingAsk Agent
Category
Last updated  3 Jul 2020
Map for 2 Cole Street Williamstown VIC 3016
Map for 2 Cole Street Williamstown VIC 30162 Cole Street Williamstown VIC 3016
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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