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303-305 Somerville Road, Yarraville, VIC 3013

2. Property Highlights

Permit Approved Development Site in Trendy City-Fringe Suburb
  • Approved for 5 terrace homes
  • Prominent 1,022sqm* landholding
  • Sought after residential location

Gross Waddell ICR is delighted to offer for sale 303-305 Somerville Road, Yarraville via Expressions of Interest closing Wednesday 6th March 2024 at 2pm.

Prominently positioned in sought after Yarraville, this permit approved site comprises an exciting development opportunity allowing the construction of 5 individually titled terrace homes all with their own street frontage.

Superbly located close to all the amazing lifestyle amenities that this trendy inner-city suburb has to offer including numerous transport options, parks, retail, schools and only 7km’s from Melbourne’s CBD.

Encompassing two (2) residential homes, the opportunity features:

• Permit approved for five (5) double storey terrace homes

• Combined landholding of 1,022sqm*

• Over 30m* frontage plus rear R.O.W. access

• Holding income (monthly tenancy at 303 Somerville Road)

• Flexible General Residential (GRZ1) zoning

• May suit other development outcomes (STCA)

For further information, please do not hesitate to contact the exclusive marketing agents at Gross Waddell ICR.

Remember to mention you found this property on DevelopmentReady

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4. Property Location

303-305 Somerville Road, Yarraville, VIC 3013