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.
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