NEW DEVELOPMENTS, INDUSTRY TRENDS
Prime Residential Opportunity
Posted by Development Ready on Apr 16, 2019

A newly listed and sizeable development opportunity has recently been made available for sale in Melbourne’s growing north-west.

The former Calder Rise primary school site, at 32A Green Gully Road Keilor, encompasses almost 5 acres of cleared land, bordering the King Solomon Reserve. This substantial residential infill site offers significant development upside and potential to prospective purchasers.

Melbourne Acquisitions have been exclusively appointed to bring this significant residential opportunity to the market, which is set to go to auction at 12:30pm on Wednesday 8 May 2019.

“With all the future infrastructure planned for the north-western Melbourne region, pockets of land such as this are becoming a prized commodity,” Selling agent Dominic Gibson commented.

“The site offers immediate access to public transport, freeways, the airport, and private schools; the market may have previously not taken too much interest in the north-west, but that has changed dramatically over the past three years alone. The value that exists within such close proximity to the CBD and other lifestyle amenities is not found anywhere else in Melbourne.”

The site offers a massive 310m street frontage and zoning that accommodates a multitude of development outcomes.

Melbourne Acquisitions agent James Latos added that, “the property benefits from considerable nearby amenities. Keilor Central and Keilor Village Shops are an easy stroll away, as too is the enjoyable twists and turns of the meandering Maribyrnong River. These are considerable assets to any residential development project.”
 

Summary:

  • 2-hectares land area
  • Large infill residential land holding overlooking park
  • Massive 310 metre street frontage*
  • Easy access to Brimbank Park, Schools, Keilor Central and Keilor Village Shops  
  • CBD 18km*, Melbourne Airport 9km*, Western Ring Road 4km* 

*Please note that all financials, measurements and distances quoted are approximate only.

32A Green Gully Road, Keilor, is to be sold via on-site Auction, at 12:30pm on Wednesday 8 May 2019.

For further information, please contact Melbourne Acquisitions

Dominic Gibson: +61 409 366 941
James Latos: +61 437 537 957



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