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.

Inspection times:

3rd of October 2019 = 4:00pm-4:30pm

5th of October 2019 = 11:00am-11:30am

9th of October 2019 = 4:00pm-4:30pm

12th of October 2019 = 11:00am-11:30am

17th of October 2019 = 4:00pm-4:30pm

19th of October 2019 = 11:00am-11:30am

26th of October 2019 = 10:30am-11:00am

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


3 1
Address 178 Francis St
Price Private Sale
Property Type commercial
Property ID 252
Category Land/Development, Medical/Consulting, Offices
Land Area 467 m2
Office Area 150m2

Quick Links

Agent Details

David Gargaro photo

David Gargaro

0413 202 259
View Profile
Tony Gargaro photo

Tony Gargaro

0411 222 766
View Profile