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Activity Center Zone 1

Discussion in 'Development' started by Iamnumber5, 3rd Jul, 2016.

  1. Iamnumber5

    Iamnumber5 Well-Known Member

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    Would anyone here care to explain what ACZ1 means?
    I tried to seek information from the council website and vaguely understand it. Before I go to the council for some confirmation, perhaps someone here has any experience or knowledge to share.
    Thanks.
     
  2. Big Daddy

    Big Daddy Well-Known Member

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    What state?
     
  3. Iamnumber5

    Iamnumber5 Well-Known Member

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    Victoria
     
  4. Joynz

    Joynz Well-Known Member

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    Activity Centres are basically areas where trading uses after 11pm (in Inner Melbourne at least) and retail, entertainment and other uses are encouraged (rather than in Neighbourhood Residential zones or the other new zone types etc)

    You can go online and see exactly what is allowed. The Council will have a link detailing the Planning Scheme where this is all set out.

    The ground floor (possibly more depending on location) are usually retail and the upper floors residential in mult-storeys.

    Activity Centres are usually the location of both retail, commercial and residential uses. There is an expectation that things will be busier and noisier, however, residents can still expect to have reasonable social amenity.
     
  5. Iamnumber5

    Iamnumber5 Well-Known Member

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    @Joynz Thanks for the explanation.
    Does it mean if a property is within this zone, it should be worth more than the one under GRZ1 assuming they are both of equal specification?
     
  6. Joynz

    Joynz Well-Known Member

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    Depends. What kind of property it is - residential or commercial, where it is , what it is and what you intend to do with it.
     
    Last edited: 3rd Jul, 2016
  7. Iamnumber5

    Iamnumber5 Well-Known Member

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    It is an old house that is ripe for development.
     
  8. Joynz

    Joynz Well-Known Member

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    An Activity Centre in South Yarra may be different from an Activity Centre in Dandenong....
     
  9. Iamnumber5

    Iamnumber5 Well-Known Member

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    What I mean is comparing 2 identical house on the same street of the same suburb but one is acz1 and the other is grz1. Is it fair to say that the one on acz1 worth more to the right developer?
     
  10. Skilled_Migrant

    Skilled_Migrant Well-Known Member

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    Actually worth a lot more. Depending on the overlays and the council planning scheme, the residential density can be substantially higher. Overheads (parking spaces and private open space) can be much more relaxed. Have a chat with the council concerned.
     
  11. Iamnumber5

    Iamnumber5 Well-Known Member

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    Thanks, on the way to the council now to find out more details.