Avid lists two pieces of Williamstown’s Waterline Place
Avid is selling two parcels from Williamstown’s Waterline Place project, acquired following its takeover of AV Jennings last April.
One site, 2 Aitken Street, spans 949 square metres and is permit-ready for three townhouses.
The second, 16–34 Kanowna St, covers 934 sqm, able to yield townhouses or apartments.
Each is expected to sell for about $3 million.
“Williamstown has a tightly-held, resilient and high performing residential market underpinned by proximity to the CBD, strong transport links and established waterfront amenity,” Cushman & Wakefield’s Hamish Burgess, who is representing Avid with Joe Kairouz, said (continues below).
“There have been a number of successful residential projects delivered in the immediate area which continues to reinforce buyer confidence,” according to the executive.
“This collection really has something for everyone; a permitted site for those looking to launch straight into an approved project and a blank mixed use canvas for buyers who want to design and deliver their own vision,” he added.
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