Goya Dmytryshchak and Benjamin Millar
A multi-storey apartment and townhouse project for about 1000 people on the former Transdev bus depot in Seddon is scheduled to start next year.
The rezoned 1.4-hectare site at 43-57 Buckley Street was sold in 2015 to a developer for a record $20.9 million after the state government reportedly sold the block to Melbourne Bus Lines in 1998 for $2.8 million.
The site is next to Victoria University and bounded by Buckley, Walter, Arran and Albert streets.
Melbourne developer ANPLUS has announced the launch of Seddon Square, with stage one including 77 residences, stages two and three including 15 townhouses and 168 apartments, and stage four including 142 apartments.
When completed, the roughly 400 dwellings, up to 10 storeys, will house about 1000 people, increasing Seddon’s population by about 20 per cent.
Plans for the site include a 1700 square metre park with playground on the south-western corner.
ANPLUS development director Francis Wong said the site was bought with the intention of bringing “a vibrancy back to it through a residential neighbourhood”.
“Right now we’re, unfortunately, in a COVID lockdown,” he said.
“We were planning on launching it about a month ago but, as you can understand, with everyone locked down in their house we weren’t able to launch the project.
“We’re expecting construction to start early to mid next year … and the entire development will be completed around a five year, six year timeline.”
Residences will range in size from 50-250 square metres, with prices starting from $389,000.