OFF MARKET

66 King Street
Yarra Glen VIC 3775

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 112m2
Land area: 1565m2
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Last updated 18 Nov 2024
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Property Details for 66 King St, Yarra Glen

66 King St, Yarra Glen is a 0 bedroom, 0 bathroom House and was built in 1940. The property has a land size of 1565m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1940
Floor Size
112m2
Land Size
1565m2
Local Government
Yarra Ranges
Lot/Plan
14/LP3801

Last Listing description (June 2024)

Perfectly positioned to town, this generous 1,565sqm approx. The corner block is ready for construction.

Positioned on the corner of King Street & Faye Lane, the property has Plans and Permits approved for a four lot subdivision and construction of four bespoke homes with their own frontages.

Planning Permit was recently issued dating 29.06.2022 with the Section 173 Agreement in place with Yarra Ranges Council to allow registration of subdivision upon infrastructure, services and laneway construction completion and payment of open space contribution.

Works already completed:
- Planning permit including design & associated documentation
- Endorsed TP Plans
- Laneway named as Faye Lane
- Preliminary plan of subdivision completed. Boundaries marked on site.
- Underground power pits installed to each lot and power company contribution fees paid.
- YVW contribution fees paid and sewer points installed to each lot.
- Design for water main extension done and deed with YVW done.
- Section 173 Agreement to do the subdivision completed.
- Storm water design approved.
- Landscape plan approved.
- Working Drawings completed
- Soil test completed
- Structural design completed
- Traffic plan completed and approved.

Infrastructure works outstanding:
- Laneway construction including crossings
- Storm water drainage (onsite detention)
- Underground services incl. power, water, gas etc
- YR Council open space contribution

Within walking distance of all the amenities of Yarra Glen, with local shops, cafes, walking tracks, wineries, restaurants and Melba Highway right on your doorstep.

For further information on this great opportunity please contact Sarah on 0434 639 996.

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Property History for 66 King St, Yarra Glen, VIC 3775

A timeline of how this property has performed in the market
Last Sold
$950,000
27 Feb 2021
Listed for Rent
$420/w
01 Jul 2021
  • 29 Dec 2023
    Listed for Sale New Price! $1,180,000 - $1,250,000
  • 16 Jun 2021
    Listed for Rent $420 / week
  • 27 Feb 2021
    Sold for $950,000
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About Yarra Glen 3775

The size of Yarra Glen is approximately 35.1 square kilometres. It has 7 parks covering nearly 1.9% of total area. The population of Yarra Glen in 2011 was 2,611 people. By 2016 the population was 2,843 showing a population growth of 8.9% in the area during that time. The predominant age group in Yarra Glen is 0-9 years. Households in Yarra Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarra Glen work in a trades occupation. In 2011, 81.3% of the homes in Yarra Glen were owner-occupied compared with 82.4% in 2016.

Yarra Glen has 1,475 properties. Over the last 5 years, Houses in Yarra Glen have seen a 31.37% increase in median value, while Units have seen a 30.87% increase. As at 31 October 2024:

  • The median value for Houses in Yarra Glen is $898,858 while the median value for Units is $651,118.
  • Houses have a median rent of $695 while Units have a median rent of $370.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Yarra glen on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Yarra glen.

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