Core Land is delighted to present 55 William Street, Mernda: a rare infill residential development opportunity within Melbourne’s established and tightly held Northern Growth Corridors.
Strategically located within the City of Whittlesea, approximately 25km north of Melbourne’s CBD, this corner allotment is surrounded by established residential development and benefits from strong existing infrastructure, amenity and transport connectivity.
Comprising approximately 3.95 hectares, the site offers a high quality infill opportunity with services to the boundary and an approved Cultural Heritage Management Plan (CHMP) in place, providing a high degree of planning certainty.
The property offers flexibility for a range of development outcomes (STCA), including standard density, medium density or a combination of both. Concept plans indicate a potential yield of between 64 and 115 plus residential lots, providing flexibility across multiple development outcomes.
Abutting Mernda Hills Christian College & ELC and located close to Mernda Town Centre, Mernda Junction, and Mernda Train Station, the property benefits from excellent connectivity via Plenty Road and Bridge Inn Road, supporting ongoing demand for residential lots in this high-growth corridor.
Key Investment Highlights
For sale by Expressions of Interest closing Wednesday, 29th April at 4pm (AEDST). For more information please contact Chris Jabs or Kane Malcomson.
Core Land is delighted to present 55 William Street, Mernda: a rare infill residential development opportunity within Melbourne’s established and tightly held Northern Growth Corridors.
Strategically located within the City of Whittlesea, approximately 25km north of Melbourne’s CBD, this corner allotment is surrounded by established residential development and benefits from strong existing infrastructure, amenity and transport connectivity.
Comprising approximately 3.95 hectares, the site offers a high quality infill opportunity with services to the boundary and an approved Cultural Heritage Management Plan (CHMP) in place, providing a high degree of planning certainty.
The property offers flexibility for a range of development outcomes (STCA), including standard density, medium density or a combination of both. Concept plans indicate a potential yield of between 64 and 115 plus residential lots, providing flexibility across multiple development outcomes.
Abutting Mernda Hills Christian College & ELC and located close to Mernda Town Centre, Mernda Junction, and Mernda Train Station, the property benefits from excellent connectivity via Plenty Road and Bridge Inn Road, supporting ongoing demand for residential lots in this high-growth corridor.
Key Investment Highlights
For sale by Expressions of Interest closing Wednesday, 29th April at 4pm (AEDST). For more information please contact Chris Jabs or Kane Malcomson.
55 William Street, Mernda
Step 1
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Loan Analysis
Developments and amenities within a 5km radius of the asset.