FOR SALE
$2.25m - $2.45m

61-63 Yarra Street
Warrandyte VIC 3113

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 5626m2
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Exciting 5626m2 (approx.) - Prominent Central Warrandyte

Located in a prized position that faces Yarra Street and also provides direct frontage to the river walking trail, this sensational property is a true one of a kind. Approximately 5626m2, this property possesses the scale and potential for a substantial commercial venture or the ultimate riverfront home (STCA). You could even combine business and lifestyle in this one spectacular setting, with two titles, three lots and so much flexibility on offer.
There are two existing buildings on site. The main building is the former Warrandyte Cafe, complete with commercial kitchen, several dining areas and river-facing deck. Additionally, there is a small cottage that is in the midst of refurbishment. With new stumps and considerable structural improvements already done, this is an opportunity to complete the vision and create a cottage to either live in or rent out in either short or long term capacity.
Best of all, this site has plenty of level ground with multiple driveway crossovers, great vehicle access and significant parking space. A dream site for you to create a new local landmark within walking distance of the village shops, The Grand Hotel, schools, recreation facilities and of course, the beautiful Yarra River - this is a once in a lifetime opportunity. Don't miss out!
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Property Details for 61-63 Yarra St, Warrandyte

61-63 Yarra St, Warrandyte is a 1 bedroom, 1 bathroom House. The property has a land size of 5626m2. The place is currently for sale with Hoskins Real Estate Donvale.

Building Type
House
Land Size
5626m2

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About Warrandyte 3113

The size of Warrandyte is approximately 17.6 square kilometres. It has 20 parks covering nearly 27.2% of total area. The population of Warrandyte in 2011 was 5,519 people. By 2016 the population was 5,510 showing a population decline of 0.2% in the area during that time. The predominant age group in Warrandyte is 10-19 years. Households in Warrandyte are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warrandyte work in a professional occupation. In 2011, 90.1% of the homes in Warrandyte were owner-occupied compared with 90.3% in 2016.

Warrandyte has 2,268 properties. Over the last 5 years, Houses in Warrandyte have seen a 32.16% increase in median value, while Units have seen a 12.55% increase. As at 31 August 2024:

  • The median value for Houses in Warrandyte is $1,559,785 while the median value for Units is $810,117.
  • Houses have a median rent of $850.
There are currently 9 properties listed for sale, and 1 property listed for rent in Warrandyte on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Warrandyte.

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Peter Moulden
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Philippa Leitner
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Hoskins Real Estate Donvale
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