Skip to main content
Brochure

74-76 Cottrell Street, Werribee

$4,200,000
Sold on 4th May 2016

High Exposure Corner Development Site (4,000m2)

Located on the north side of Wyndham Park and Werribee River this site is within the recently re-zoned Wyndham Park North Precinct. Concept plans show a mixture of ground floor retail, first floor office space and high density residential apartments. Current improvements include an existing brick warehouse and associated shedding.

Gross Area - 4,000 m2

Zoning - Werribee Activity Centre Zone 1. The site forms a part of the approved Werribee City Centre Structure Plan and is located in the Wyndham Park North Precinct.

Height Limits - Height and design requirements for the precinct specify a preferred maximum build height of 7 storeys (25.5m) and a minimum building height of 2 storeys (8m)

Development Potential - Preliminary yield analysis indicates a net developable area of 14,441 m2 including 2,479 m2 of ground floor commercial/ retail space.

Initial planning analysis shows proposed area schedules as follows:
- 106 residential apartments
- 2,126 m2 ground floor retail
- 2,915 m2 first floor office space
- 304 m2 restaurant
- 49m2 cafe

This gateway development site provides multiple opportunities to create a mixed use residential apartment development overlooking the Werribee River and parklands.

* Displayed price is Excluding GST

For further details enquire now.

Specifications

Land Size
4000m²
Property Type
Land
Werribee Suburb Profile
Explore prices, growth, people and lifestyle in Werribee
Werribee VIC 3030 Learn More