Major 61.59 Ha* Infill Landholding Designated For Major Town Centre, Residential And Commercial Uses
Stonebridge Property Group and LAWD are pleased to present The Precinct, Clyde North, a major 61.59 Ha* infill landholding designated for Major Town Centre, Residential and Commercial uses in Melbourne’s premier south-east growth corridor.
The 61.59 Ha* landholding resides within the City of Casey, one of the fastest growing local government areas in Australia, in the approved Thompsons Road Precinct Structure Plan (PSP). The landholding allows a purchaser to deliver a dominant retail (convenience and large format), commercial and business park precinct, plus a significant residential, retirement or land lease outcome.
The key highlights of the opportunity include:
- Prime 61.59 Ha* landholding designated for Major Town Centre (24.3 Ha* NDA), Residential (15.10 Ha* NDA) and Commercial (15.4 Ha* NDA) uses^
- Across three separate titles (105 Hardys Road – 17.4 Ha*, 125 Hardys Road – 40.04 Ha* & 415 Tuckers Road – 4.15 Ha*); for sale separately or in-one-line
- Potential to deliver a dominant retail, commercial or business park precinct with a high quality residential, retirement or land lease scheme (STPA)
- Extremely rare opportunity to secure a PSP approved infill development site of national and international significance
- 1,442 m* of dual street frontage to major arterials Hardys Road and Tuckers Road
- Efficient site, with a high net developable area to total area ratio, multiple separate titles and infrastructure in place
- Proximity to major road upgrades including Sofra Road/Bells Road interchange and Thompsons Road and Berwick-Cranbourne Road intersection which will improve traffic flow and provide a direct connection to Princes Freeway
- Surrounding successful estates with limited competing undeveloped retail/commercial sites of scale
- Major transport links including M1 Princes Freeway, South Gippsland Highway, train linkages (Future Clyde Train Station and Cranbourne Station) which provide direct access to the Melbourne CBD (47 km*)
- The property offers zoning, servicing, and development contribution certainty
- Adjoining Mirniyan Primary School which is set to open in 2025
- Main Trade Area population is estimated at 48,941 in 2023 and forecasted to grow to 99,941 by 2033, a 7.4% compound annual growth rate^^
- Main Trade Area Large Format Retail expenditure is estimated at $208.5 million in 2023 and forecasted to grow to $532.6 million by 2033, a 9.8% compound annual growth rate ^^
The Precinct, Clyde North is offered for sale separately or in-one-line via International Expressions of Interest closing Wednesday 4th December 2024 at 2:00pm (AEDT). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and LAWD.
Stonebridge Property Group:
Julian White
+61 422 764 137
Justin Dowers
+61 438 098 805
Lucas Gentile
+61 418 516 056
Chao Zhang
+61 411 625 068
LAWD:
Paul Callanan
+61 478 652 468
Peter Sagar
+61 414 843 854
Lukas Byrnes
+61 423 791 126
Darcy Tobin
+61 433 644 166
^ NDA added from the relocation of the indoor creation facilities, outdoor sports field & opens space and the drainage reserve no longer being needed
^^Source: Deepend Services; ABS; Forecast ID; VIF
*Approximately
Property Code: 1117
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