Savills is delighted to offer for sale Canterbury Hills Estate located at 370 & 370A Riddell Road, Sunbury. This is a rarely seen opportunity to deliver the remainder of a major housing estate with a picturesque lakeside and parkland setting in a key growth area of Melbourne.
Key attributes of the property include:
• Vast 205 hectare / 505 acre landholding
• Premium estate comprising 85ha* of undeveloped GRZ1 land
• 120ha* lot predominantly Green Wedge A Zone
• Masterplan providing for over 840 lots with potential to increase yield (STCA)
• Distinctive estate allowing for abundant parkland, city views, topographical and water features
• Shovel ready to earn revenue in 2024
• On Sunbury’s established residential border close to shopping, entertainment, recreation, education and transport infrastructure
• 15 minutes to Melbourne Airport and 35 minutes to Melbourne’s CBD via Calder Freeway
• In one of the fastest growth regions of Melbourne and Australia
• No windfall gains tax, GAIC or commencement deadline for development
*Approximate
The property is For Private Sale.
For further information please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Remember to mention you found this property on DevelopmentReady
