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26 Cottrell St 0.08 Acres of Commercial Land Offered at $349,394 in Werribee, VIC 3030
Investment Highlights
- Plans available for storefront retail with residential accommodation above.
- Zoned Activity Centre Schedule 1, supporting a range of mixed-use development options.
- Situated in a high-growth corridor with strong infrastructure and urban renewal projects.
- Located approximately 400 meters from Werribee Train Station for excellent connectivity.
- Projected gross rental return of approximately $200,000 per annum.
- Close to major retail, dining, and lifestyle amenities in Werribee’s vibrant town center.
Executive Summary
Zoned Activity Centre Schedule 1, the site supports a range of uses and benefits from strong surrounding amenities, including retail, dining, and transport infrastructure. With a projected gross rental return of approximately $200,000 per annum, this property offers compelling yield potential for investors and developers. Located in a rapidly growing corridor with ongoing urban renewal, this is a rare chance to secure a prime position in one of Melbourne’s most dynamic precincts.
Property Facts
| Price | $349,394 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Storefront, Retail or Residential |
| No. Lots | 1 | Total Lot Size | 0.08 AC |
| Property Type | Land |
| Price | $349,394 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Storefront, Retail or Residential |
| Total Lot Size | 0.08 AC |
1 Lot Available
Lot
| Price | $349,394 | Lot Size | 0.08 AC |
| Price Per AC | $4,258,415.67 |
| Price | $349,394 |
| Price Per AC | $4,258,415.67 |
| Lot Size | 0.08 AC |
Vacant 332 m² lot in Werribee’s Activity Centre, 400m from train station. Plans for storefront retail with residential above. Zoned Activity Centre Schedule 1, offering strong development and income potential.
Description
Prime mixed-use development site in the heart of Werribee’s Activity Centre. This 332 m² vacant allotment is just 400 meters from Werribee Train Station, offering exceptional connectivity and exposure. Plans include a modern storefront retail space with residential accommodation above, creating a versatile investment opportunity. Zoned Activity Centre Schedule 1, the property is surrounded by retail, dining, and transport amenities, making it ideal for developers and investors seeking strong growth and income potential in a high-demand location.
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26 Cottrell St
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