Rotting heritage-listed house site in Melbourne's Richmond back on market

A decrepit, but heritage-listed house in Melbourne's Richmond is up for sale for the third time in four years.

The site at 336 Burnley Street has stood decaying for years despite being approved for development into townhouses in 2012, said a post in domain.com.au.

The 777 square metre site was bought by Dario Rosella and his family for $1,621,000 in 2012, with plans for townhouses.

But the townhouses never took off and the property exchanged hands again in 2014 for $2,544,000 to five Melbourne-based developers, through Biggin & Scott.

The developers said they would proceed with plans to build three three-bedroom townhouses and one four-bedroom townhouse. 

The property has planning permission for the construction of four townhouses, one of which will have to incorporate the rundown heritage listed cottage, which is 135 years old.

But, again, the homes were never built and the rotting home is back on the market, this time for $3 million. 

Simon Lee of Haim Real Estate is the listing agent.

The ad for the house on domain.com.au says the endorsed plan permit included:

Unit 1 - Three-storey with 3 bedrooms + study, 3 bathrooms, double garage

Unit 2 - Three-storey with 3 bedrooms, 3 bathrooms, double garage

Unit 3 - Double-storey with 3 bedrooms, 2 bathrooms, single garage

Unit 4 - Double-storey with 3 bedrooms + study, 3 bathrooms, single garage plus own driveway to the exit at the rear. 

Alternatively, the vendor has proposed a five townhouses plan subject to council approval. 

He says the vendors had planned on building the townhouses but decided to move onto a bigger, $10 million project instead.

The vendors approached the council about the removal of heritage from the weatherboard and build five townhouses instead, but their plans were shot down, adds Lee.