"It's one of the biggest industrial offerings this area has ever seen."
As Melbourne continues moving outwards, those suburbs to the south-east of the inner city are growing at an exponential rate, with both developers and tenants alike finding value outside the sprawling metropolis of the CBD. Now, a prime development opportunity in Clyde, situated within one of Australia's fastest-growing growth corridors, has hit the market.
An 81.2-hectare parcel, designated as Trinity Clyde, has been listed, and with the local government zoning the property for Urban Growth, investors and developers are being invited to engage with the respective agents on a site that has plenty of potential.
“We’re incredibly excited about this opportunity,” stated Angus Clark, Director at Cameron, and one of the agents tasked with promoting the property. “It’s one of the biggest industrial offerings this area has ever seen.”
Mr. Clark is working in collaboration with fellow Cameron colleagues Henry Sayers and Ben Cooper to bring Trinity Clyde to market, and their price expectation for the site is lofty but reasonable.
“We’re anticipating buyer interest at circa $750,000 per acre - approximately $150 million for the total site.”
It’s a major figure, but contextually speaking, it’s appropriate given the significant interest in Clyde and the rest of the City of Casey. According to the team at Cameron, they have recently sold two major industrial estates in Clyde, that consisted of 100 lots each. With Casey servicing the largest population of any metropolitan council in Victoria, local industrial opportunities are prompting remarkable engagement.