On behalf of Development Victoria, Red23 is pleased to offer the following medium density opportunity for sale.
• Lots 4029 to 4037, located in stage 40 of the Riverwalk estate.
• Individually Titles to be Registered for each Lot (Anticipated 4th Qtr 2024)
• General Residential Zone, Schedule 1
• Opposite the future Northern Local Park
Located approximately 38km west of the Melbourne CBD, Riverwalk is in the heart of Werribee in the booming City of Wyndham. The City of Wyndham is well known for its incredibly fast-growing population. It is one of the fastest growing municipalities in Australia and is forecast to reach 512,591 residents by 2041, an increase of 69.37%. In Werribee alone, the population is forecast to increase by 86.8% to 98,900 by 2041.
Werribee is the centre of the City of Wyndham and is home to an impressive array of amenities including public transport, schools, parks and hospitals.
Riverwalk is a well-established master planned community located within close proximity to Werribee City Centre and all required day to day amenity. Within the estate, education options include Riverwalk Primary School and Aspire Early Education & Kindergarten. A bus route running through Riverwalk connects residents to nearby Werribee Train Station.
The lots are located in Stage 40 of the Riverwalk masterplan. Fronting the future Kailash Road with rear access to future Morotai Lane, the lots are in a prime location within the estate and only a 20 minute walk to Werribee CBD and Train station, while being immediately surrounded by key Riverwalk amenity.
Interested parties must submit bids via tenders@devlopment.vic.gov.au by 24th November 2023.
To assist in the assessment of this offering, approved recipients will be provided access to detailed due diligence information and other matters concerning the property. This will be provided at the discretion of Red23.
Purchasers interested in this opportunity should note that each lot will have an individual title and the successful tenderer will be required to sign contracts for each individual lot.
Please contact the team for more information.
Development Potential 
Land Finance
