Knight Frank are proud to present 605 Derrimut Road, Tarneit, a highly strategic 25,960 sqm* in-fill development site within the approved Tarneit North PSP.
The site is zoned UGZ13, with approximately 50% of the site sitting within the Derrimut Road Mixed Use Precinct (DRMUP) under the Derrimut Road Urban Design Framework (UDF), allowing for higher density development outcomes including residential, office, accommodation, health, and education services (STCA).
The campaign is the latest in a string of properties to be offered to market within the Tarneit North PSP, with vendors remaining keen to take advantage of the strong levels of activity being shown from developers in the area.
The campaign is being conducted by Knight Frank’s expert team comprising Stephen Kelly, James Thorpe and Paul Lillis, who also successfully transacted a neighbouring property at 635 Derrimut Road in late 2021, following a highly competitive process that generated 13 offers and eventually set a new price record per/ha for the precinct.
For more information, please click on the listing here.
