2440 Warburton Highway, Yarra Junction, Vic 3797

bedrooms 8
bathrooms 3
|House
$3,300,000
$3,300,000
Published on: 05 Sep 2024
Last updated on: 27 Sep 2024
2440 Warburton Highway, Yarra Junction, Vic 3797
2440 Warburton Highway, Yarra Junction, Vic 3797
2440 Warburton Highway, Yarra Junction, Vic 3797
+24
2440 Warburton Highway, Yarra Junction, Vic 3797
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Property ID: 145924896
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PRIME CORNER BLOCK DEVELOPMENT OPPORTUNITY IN YARRA JUNCTION Mixed Use Zone (MUZ) Landholding

2440 Warburton Highway, Yarra Junction, Vic 3797
Situated in the heart of Yarra Junction along the bustling Warburton Highway Tourist Road, this expansive over ¾-acre* parcel of land presents a unique opportunity for visionary development. Zoned Mixed Use (MUZ), the property offers diverse possibilities for residential, commercial, industrial, and mixed-use projects. Comprising three titles, the site boasts three prominent street frontages and includes an established medical suite with an external bungalow, a private residence with an additional retail outlet, and a vacant block with rear access-ensuring exceptional versatility. Ideal for developers seeking immediate leasing opportunities while planning future stages, this rare offering is poised for transformative projects within the thriving Yarra Junction community.

BOTTLE SHOP & PRIVATE RESIDENCE – 1741sqm
•	Prime establishment featuring drive-through access and car parking.
•	Extensive cool room spanning an entire wall.
•	Generously sized shed offering ample storage solutions.
•	Existing lease agreement for a further 2.5 years, ensuring a steady rental income of $6,530.63pcm + outgoings. 
•	The current tenant is seeking an additional 5-year lease extension.
•	Convenient access from Warburton Highway and Hoddle Street.

Private Residence:
•	Shared driveway and title with the bottle shop.
•	Weatherboard home with four bedrooms in need of extensive repair.
•	Currently leased with access from Hoddle Street.
•	Rental income $1,170pcm (month to month lease)

MEDICAL SUITE – 789sqm
•	HardiPlank building with ramp access for ease of entry.
•	Welcoming open reception area.
•	Four well-designed treatment rooms.
•	Kitchen/lunchroom, a laundry with a bathroom that has direct backyard 
        access, plus a separate toilet.
•	Potential for conversion into a private residence.
•	Detached bungalow featuring storage and bathroom facilities.
•	Access from Hoddle Street.
•	Currently leased with rental income $2,600pcm + outgoings

VACANT LAND – 805sqm
•	Vacant land of 805sqm, aligning with the boundaries of the residential 
         home and bottle shop.
•	Accessible from Yarra Street.
•	An ideal lot for combined purchase with the chiropractic property for future 
        residential development.

This exceptional offering presents significant potential for a variety of commercial or residential uses, making it one-of-a-kind and one of the last versatile, valuable corner block properties available in Yarra Junction with Warburton Highway Tourist Road frontage. Contact us today to explore this unique opportunity! 5967 1800.

*(3335sqm approx.)

FURTHER CONTACT
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Property Details

Basic Info

Property Type
House
Listing Status
On Market
Land Size
3,335.00 m2
Rooms
8 bedroom(s), 3 bathroom(s)
Address
2440 Warburton Highway, Yarra Junction, Vic 3797

Floorplans and tours

Floorplan
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Agent price guide

Ashleigh Hall
Ashleigh Hall
3414 Warburton Highway, WARBURTON Vic 3799 & 2460 Warburton Highway, Yarra Junction, Vic 3797
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Email enquiry to Professionals Yarra Valley - YARRA JUNCTION

Ashleigh Hall
Ashleigh Hall
3414 Warburton Highway, WARBURTON Vic 3799 & 2460 Warburton Highway, Yarra Junction, Vic 3797
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      Property ID: 145924896

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