2 Banool Avenue,
Yarraville, VIC 3013

EXPRESSION OF INTEREST NOW CLOSED

Melbournia is delighted to offer a substantial residential development site and landholding in Yarraville.
This site represents a rare and exceptional opportunity to acquire a highly sought after infill development site surrounded by an abundance of amenities in PRIME Melbourne's fringe. Key attributes of this site include:

- Substantial land area ~1.42 ha (3.5 acres or 14.200 sqm)
- Suitable for mixture of luxury residential townhouse and/or apartment development
- The Development Plan Overlay scheme from Maribyrnong council suggested guidelines of 3 storeys high and up to 100 dwellings but there could be potential to exceed this both height and density under new policy (STCA)
- Yarraville train station is 900m away. Bus stop on Francis Street is 50m away
- The exquisite local town with retail precinct is walking distance and is filled with cafes, restaurants, boutique shops and 19th century style buildings
- Median house prise in the area is $950,000 (Corelogic Pty Ltd, 2017) represents a strong potential yield as a residential development site.

The opportunity to secure a substantial land holding and residential development site in this PRIME location is exceptionally RARE.

Information memorandum available upon request.

FOR MORE INFORMATION PLEASE CONTACT EXCLUSIVE MARKETING AND SALES AGENTS

0412 436 6... sales@melbourniagroup.com.au