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VIC
Sold on 3 May 2017

VIC

  • Development / Land
  • 4,228 m²
  • Sold

Major Yarraville Development Opportunity

  • General Residential Zone 1
  • Short-term Holding Income
  • Prime Townhouse or Apartment Site (STCA)

Savills is delighted to offer for sale this major, city fringe landholding in Yarraville. This site represents an opportunity to acquire a substantial development site with an absolute abundance of amenity in one of Melbourne's most highly sought after inner city suburbs. The key attributes of this fantastic property include:

- Substantial land area of 4,228sq m*
- General Residential Zone 1
- Extensive street frontage of 83m* providing design flexibility
- A premium location for a luxury residential development (STCA)
- Short-term leaseback of $360,000 per annum* to a blue chip tenant
- Close proximity to the vibrant Yarraville retail precinct and both Yarraville and Seddon train stations
- Serviced by Coles and IGA supermarkets a short distance away
- A short walk to the picturesque Yarraville Gardens
- An outstanding city-fringe development opportunity just 5km from the CBD!

The opportunity to secure such a prime development site in one of Melbourne's premium city-fringe locations is incredibly rare, especially when you consider the location, size of the site and potential development prospects (i.e. apartment development, luxury townhouse development etc)

For Sale by Expressions of Interest closing Wednesday 3 May at 2pm.

For further information, please contact:

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Property Highlights

Date Sold3 May 2017
Floor AreaAsk Agent
Land Area4,228 m²
ParkingOn site parking available
Property ID2013541339
Category
Last updated  15 Jun 2021
Map for VIC

Property Highlights

Date Sold3 May 2017
Floor AreaAsk Agent
Land Area4,228 m²
ParkingOn site parking available
Property ID2013541339
Category
Last updated  15 Jun 2021
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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