2 Banool Avenue,
Yarraville, VIC 3013
Development Sites & Land
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Key property information
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Map of 2 Banool Avenue
1.42 HA Landholding, PRIME infill development site in YARRAVILLE
- Located 6km from Melbourne's CBD
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
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
Yarraville, 3013 demographic data
The median household income for Yarraville is $2,485, 31% higher than Greater Melbourne's household income of $1,901. Yarraville has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 58% of property owners in Yarraville have a mortgage.
15,636
Population
$2,485 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
04124366...
2 Banool Avenue
Yarraville, VIC 3013
Detailed listing
Melbournia Group - ST KILDA125 Grey Street
ST KILDA, VIC 3182
ST KILDA, VIC 3182
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