2440 Warburton HighwayYarra Junction VIC 3797
Property Details for 2440 Warburton Hwy, Yarra Junction
2440 Warburton Hwy, Yarra Junction is a 8 bedroom, 3 bathroom House. The property has a land size of 1741m2.
Last Listing description (February 2025)
Situated in the heart of Yarra Junction along the bustling Warburton Highway Tourist Road, this expansive over -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.
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 History for 2440 Warburton Hwy, Yarra Junction, VIC 3797
- 03 Sep 2024Listed for Sale $3,300,000
Recent sales nearby
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About Yarra Junction 3797
The size of Yarra Junction is approximately 17.6 square kilometres. There are 3 parks, covering nearly 3.7% of the total area. The population of Yarra Junction in 2016 was 2549 people. By 2021 the population was 2875 showing a population growth of 12.8% in the area during that time. The predominant age group in Yarra Junction is 30-39 years. Households in Yarra Junction are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarra Junction work in a trades occupation.In 2021, 77.90% of the homes in Yarra Junction were owner-occupied compared with 75.10% in 2016.
Yarra Junction has 1,636 properties. Over the last 5 years, Houses in Yarra Junction have seen a 8.24% increase in median value, while Units have seen a 14.02% increase. As at 30 June 2026:
- The median value for Houses in Yarra Junction is $768,489 while the median value for Units is $620,829.
- Houses have a median rent of $425 while Units have a median rent of $300.
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