NEW DEVELOPMENTS, DEALS
Make a statement in the established Riverwalk Community in Melbourne’s booming west
Posted by Development Ready on Apr 10, 2019

A unique opportunity to deliver an impactful mixed-use town centre, in Melbourne’s booming western growth corridor, has recently been made available for purchase.

Real Properties are proud to bring to market this significant undertaking, which presents an exclusive opportunity within the established Riverwalk community. The new heart of this residential community will bring together extensive parklands, a growing neighbourhood and highly sought-after retail offerings.

Lot Z, Riverwalk Town Centre, Werribee, is available for purchase via Expressions of Interest, which close 5pm Wednesday 1 May 2019.

This strategic parcel of land expands across a total of 1.16 hectares. Including approximately 2,000sqm of Commercial 1 Zone (C1Z), and approximately 1-hectare of  General Residential Zone 1 (GRZ1) land.

“This is an incredible opportunity for creative developers to make their mark in a growing community,” notes selling agent Joseph Catanese.

“There exists a proposed scheme for 53 townhomes and around 2,500sqm of retail space, however there is flexibility within these plans should the operators choose a different path.

“Riverwalk has also already demonstrated its sales strength with over 1,000 dwelling sales since its commencement in 2013. The estate is forecast to be fully sold and developed by 2025.”


The appeal of the new community not only exists within the township itself, but also its proximity to surrounding and nearby amenity.

“The strength of this proposed development’s location cannot be understated. Not only in the centre of the Riverwalk community, but also in the heart of Werribee; a strategic town within the City of Wyndham,” Mr Catanese continued.

“The City of Wyndham is one of Victoria’s fastest growing municipalities, adding 61,000 people between the years of 2011 and 2016; which is more than 2 and a half times the average growth rate of Greater Melbourne. This is a rare opportunity to be a part of significant growth and make a statement in a project with a resounding future.”
 

Summary:

  • A significant 1.16 hectare* mixed-use site
  • Located in the heart of the established Riverwalk community
  • Commercial 1 Zone (C1Z) and General Residential Zone (GRZ1) 
  • Proposed scheme allows for 53 townhomes and 2,500sqm of retail space
  • Located in the City of Wyndham, Riverwalk Town Centre is in the heart of Melbourne’s booming western growth corridor

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

Lot Z, Riverwalk Town Centre, Werribee, is to be sold via Expressions of Interest, which close 5pm Wednesday 1 May 2019.

For further information, please contact Real Properties

Joseph Catanese: +61 418 367 514



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