MELBOURNE DEVELOPMENT SITE FOR SALE-
55,000 SQ METRES FREEHOLD
MIXED USE DEVELOPMENT OR LAND BANKING OPPORTUNITY
ESTIMATED SELLING PRICE CIRCA AU$15M
An outstanding opportunity for an astute developer to secure this vacant land in one of Melbourne's fastest-growing fringe suburbs:
One of the last available mixed use sites in one of the fastest growing municipalities of Australia - City of Wyndham .
Subject site is situated with a main road frontage to Derrimut Road in the booming suburb of Tarneit, opposite the Tarneit train station.
25 Kms from Melbourne CBD.
One of the fastest growing municipalities in Australia.
Current population of 302,650 is forecast to grow to 512,591 by 2041 with a change of 69.37% from 2021-2041.
Surrounded by some of the best Residential Estates of Tarneit such as Marigold, Village of Rothwell Verdant Hill and Elements Estate
Tarneit Central Shopping Centre is in close proximity and is right opposite Tarneit Park Hub.
Nearly 20 housing estates have been established, are near completion, or are about to commence in Tarneit, and its real estate growth shows no signs of slowing down.
Earmarked for mixed use and residential development in the Tarniet North Precinct Structure Plan
MIXED USE DEVELOPMENT SITE