For the insightful investor looking to capitalise on the key Melbourne suburb
of Yarraville, Brett Ayles from 1 Village Project
Marketing, has on offer two significant development sites – both are for Mortgagee Sale. With a growing Median House Price (currently $940,000 - Core Logic), Yarraville provides a unique village lifestyle close to the city. Each of these sites offer Approved and Endorsed Plans plus the option for design amendments.
Here’s a brief overview:
BURNS St, YARRAVILLE VIC 3013
This premium up-market corner site has outstanding development potential. With approved plans and endorsed permits for 4 townhouse dwellings, each has a three storey north facing design. With 435 sqm of prime land the total build area is approximately 620sqm. Its corner location (45m access) makes this site an exceptional investment opportunity – start building immediately or modify the design to your requirements.
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57 BALLARAT ST
YARRAVILLE VIC 3013
With a total land area of 500sqm this really is a noteworthy development opportunity within Yarraville’s proven and sought after residential market – just 10kms from Melbourne’s CBD. With a planning permit approval (and endorsement) for 4 townhouses and 5 apartments, the build area is 565sqm plus 376sqm for car parking. Another key benefit is that the Open Space contribution of circa $70k has been paid - start building immediately or modify the design to your requirements.
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"The prime Yarraville location of these two development sites will certainly attract strong buyer demand once developed. Importantly they offer close proximity to Melbourne CBD, transportation, retail, parkland and community amenities. For the prospective purchaser, these features represent key investment benchmarks.” Brett Ayles, 1 Village Project Marketing
Please note that all financials, measurements and distances quoted are approximate only.
For additional information on these featured Yarraville properties, please contact:
1 Village Project Marketing
0401 228 484.