CLASSIC WITH HUGE DEVELOPMENT POTENTIAL

Sitting on a prime corner allotment approximately 7 kilometres west of Melbourne’s central business district is one of Yarraville’s best development or renovation and investment opportunities.

Offered for sale with town planning approval for 7 two bedroom apartments, the rewards are significant for the astute builder / developer or owner occupier / investor.

With over 40 metres of street frontage to both Francis Street and the beautifully tree lined Powell Street, this property offers various options to the individual that holds the freehold title.

In its current state, the perfectly livable house provides an instant rental return. Further, there is great potential to renovate and transform into your dream inner suburb Melbourne home or get to work and construct a highly sought after apartment building for resale or multiple income streams.

Brick construction and solid as a rock, the improvements include timber flooring throughout. A large family room and adjoining formal dining area flows into the kitchen / meals area each of which contain big windows allowing plenty of natural light. The sleeping quarters consist of three large bedrooms, bathroom with separate shower, separate toilet and laundry.

Rear back yard consists of single lock up garage and a shed, plus front yard space comprises mature fully grown trees and shrubs.

The location is perfectly positioned a stone’s throw from Westgate freeway access, parks and gardens include C.J Cruickshank Park and Yarraville Oval, Anderson Reserve and Beaton Reserve. A short distance to Yarraville train station and a bus stop at your door step. Coles supermarket, Yarraville West Primary and Yarraville Village all within seconds by car or comfortable short stroll.    

For further queries or to obtain planning and permit information, call David Gargaro from DGi Properties on 0413 202 259.

**NOTE: ALL EMAIL ENQUIRIES MUST CONTAIN A PHONE NUMBER**

3 1
Address 178 Francis St
Price AUCTION
Property Type residential
Property ID 251
Category House
Land Area 470 m2

Auction

Date: Saturday 26 October, 11:00 AM

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Agent Details

David Gargaro photo

David Gargaro

0413 202 259
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Tony Gargaro photo

Tony Gargaro

0411 222 766
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