Strategic Urban Growth Zone development opportunity - part of largest single landholding in recently approved Amess Rd, Riddells Creek PSP.
Strategic Urban Growth Zone development opportunity - part of largest single landholding in recently approved Amess Rd, Riddells Creek PSP• Land Area: 13.34 hectares (approx.)
• Urban Growth Zone – Schedule 1 (UGZ1)
• Strategic growth land within the Macedon Ranges corridor
Castran Real Estate is pleased to present Lot 2, 44 Frost Lane, Riddells Creek – a significant Urban Growth Zone landholding positioned within one of Victoria’s most supply-constrained growth environments.
Comprising approximately 13.34 hectares, the property is zoned Urban Growth Zone – Schedule 1 (UGZ1) and located within the Protected Settlement Boundary, reinforcing its long-term strategic importance within the Macedon Ranges Planning Scheme framework.
The site occupies a key position on the edge of the established township, offering a rare opportunity to secure scale within a tightly controlled peri-urban market. The UGZ zoning provides a clear strategic pathway for future urban outcomes (STCA), subject to planning approvals and infrastructure coordination.
Riddells Creek forms part of Melbourne’s north-west growth trajectory, approximately 45km from the CBD, with strong transport connectivity via the Calder Freeway and Riddells Creek Train Station. The broader catchment, including Gisborne and Sunbury, continues to experience sustained demand driven by lifestyle migration and constrained land release.
With limited future expansion capacity in the Macedon Ranges Shire and increasing planning discipline around settlement boundaries, opportunities of this scale within the UGZ are increasingly scarce.
Key Development Highlights:
- Approx. 13.34 hectares within Urban Growth Zone – Schedule 1.
- Located inside the Protected Settlement Boundary.
- Positioned within a strategically managed growth corridor.
- Scale suitable for future residential or mixed urban outcomes (STCA).
- Strong underlying demand in Melbourne’s north-west lifestyle market.
- Excellent access to major road and rail infrastructure.
- Scarcity value in a tightly regulated planning environment.
Lot 2, 44 Frost Lane, Riddells Creek is offered for sale via Expressions of Interest closing Thursday 26th March at 2:00pm
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