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$1,200,000 - $1,320,000
Positioned in one of Werribee's most tightly held and strategically significant locations, this is a rare opportunity to secure a substantial landholding within one of Melbourne's fastest-evolving growth corridors.
Occupying an impressive 954m² (approx.) allotment on dual titles, this exceptional property is situated within the Activity Centre Zone - Precinct 5B, a key component of Werribee's long-term vision for urban renewal and intensification. Surrounded by major infrastructure, commercial investment and emerging high-density developments, the site presents outstanding potential for a mixed-use commercial and residential project of up to five (5) storeys (18.5 metres), subject to council approval (STCA).
Adding immediate value, the property is currently improved by two existing dwellings, both securely leased and generating a combined rental income of $3,575 per calendar month, providing a holding income while future development plans are explored.
The location is second to none, with Werribee Train Station, the vibrant Watton Street precinct, and a host of cafes, restaurants and essential amenities all within approximately 400 metres. Enjoy close proximity to the revitalised Werribee River corridor, the redeveloped Wyndham Park, and seamless freeway access connecting both Melbourne and Geelong.
With several landmark multi-storey developments already completed or underway throughout Cottrell Street and the surrounding Activity Centre, Werribee is rapidly transforming into a major economic, cultural and residential hub for Melbourne's west. This is an opportunity to secure a site at the forefront of that transformation and capitalise on the area's exciting future.
A property of this scale, zoning and location is seldom offered. Secure your place in Werribee's next chapter and enquire today.
Photo id is required at all inspections.
21 Watton Street, Werribee VIC 3030
Call Reece Beckley on
0400123885
Call Lachlan McKillop on
0499567867
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