CBRE Melbourne City Sales has been appointed exclusively by De Group Pty Ltd as agents in relation to the sale of Yarraville Gardens, situated in Melbourne, Victoria.

This is a unique opportunity to acquire a significant Melbourne inner city land parcel in the thriving Yarraville area. This unparalleled development site spans 52.4 acres of Residential 1 zoned land 6km from the Melbourne Central Business District (CBD).

The site is to be sold with development approval to create a new inner city residential precinct that will become a new centre of focus for this burgeoning inner western Melbourne locale. The Bradmill Precinct Development Plan provides for up to approximately 1,500 dwellings, however has the special capacity to substantially increase density.

The innovative masterplan, and accompanying architectural design, was created by Peddle Thorp Architects. Drawing on their significant experience in both Australian and Asian residential schemes, they have created a design that pushes the ideas of community and neighbourhood to the fore. Recreation spaces, shared gardens and water features are key elements in the design.

This is the most significant development opportunity in inner city Melbourne and a site of this size, as close to the City, is unlikely to be offered to the market again.

As an alternative to sale of the Properties, the vendor is prepared to consider structuring the transaction as a sale of the entities which own the Properties.

Mark Wizel
M +61 411 694 756

Justin Dowers
M +61 438 098 805

M +61 405 523 451