Make Capital in the Capital of Melbourne's New West
Circumstances have led to a unique opportunity to purchase a select piece of Central Werribee real estate.
*772m2 (approx.) block size
*19.5m (approx.) frontage facing east
*block is regular shape with depth of 40.2m (approx.) to both side boundaries
As part of the proposed Key Initiatives of The Vision for the Werribee City Centre (awaiting Ministerial Approval) this land is included in:-
**Werribee City Centre Structure Plan
**Schedule 1 to the Activity Centre Zone-Werribee Principal Activity Centre
When given Ministerial Approval the above proposals mean this land will be:-
***available for multi-level residential and office development
***Preferred building heights will be 2 to 5 storeys (8m to 18.5m)
***Within the Activity Centre Boundary where medium and high intensity mixed use development is
The property is approx. 1 city block from the main street and the proposed Riverbank Promenade where the Werribee Vision is to create a similar lifestyle precinct to the Geelong Waterfront Project.
The property has a 2 bedroom home in very sound condition (great brickwork, timber floors & solid as a rock) located towards the rear of the block and this dwelling is currently providing an annual return of $12,480 with a 6 months lease in place with a good tenant.
- Property Type: Other
- Bedrooms: 2
- Bathrooms: 1
- Carports: 1
- Building area: 91 m²