/
Images
×
SOLD
1-15 Ferris Road, MELTON SOUTH, VIC 3338
Images
Virtual Tour
Video

Property Highlights

Under Offer - Sprawling Development Site bordering Western Freeway

Perfectly positioned in one of Australia’s fastest growing regions, this high profile site presents an exceptional development opportunity for a wide array of retail, industrial, and/ or commercial businesses (STCA).

Seen as a true gateway development opportunity, the immediate surrounds are experiencing exponential growth forecast on population and employment opportunities.

•Sprawling 235,000* square meter gateway development site

•Designated ‘Employment Land’ as part of the Toolern PSP– exponential potential for retail, bulky goods, hotel, business park, recreation centre or similar uses (STCA)

•Boasting a significant dual street frontage, with over 972 m* of premium exposure

•Proposed to benefit from over 99% Net Developable Area (STCA)

•Located directly opposite Tabcorp Park, a unique sporting, entertainment and community hub with a range of facilities operating 7 days a week

•Merely meters to a proposed ‘sub-regional’ shopping centre development and proposed Toolern train station which is due for completion in late 2019

•Surrounded by a number of premium developments including Atherstone Estate and Thornhill Park

•Existing catchment population is set to grow a further 167% to over 374,700 by 2041 (forecast.id.au)

The property is for sale via Expressions of Interest closing Wednesday the 4th of July 2018 at 3:00 pm. For further information or to discuss this opportunity in greater detail, please contact the exclusive agents directly.

Remember to mention you found this property on DevelopmentReady

calculator-icon Yield Calculator
calcultor-icon Yield Calculator
×
$ ×
$ ×
%

Due Diligence Tool

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Explore other suburbs in this area
Enquire Now