LAWD and Stonebridge Property Group are pleased to present The Precinct, Clyde North, a major 61.59ha* infill landholding designated for Major Town Centre, Residential and Commercial uses in Melbourne’s premier south-east growth corridor.

The 61.59ha* 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 61.59ha* landholding designated for Major Town Centre (24.3ha* NDA), Residential (15.10ha* NDA) and Commercial (15.4ha* NDA) uses^

– Across three separate titles (105 Hardys Road – 17.4ha*, 125 Hardys Road – 40.04ha* & 415 Tuckers Road – 4.15ha*); 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

– 1,442m* 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 (47km*)

– 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 2pm (AEDT) Wednesday 4 December 2024. To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, LAWD and Stonebridge Property Group.

LAWD:

Paul Callanan – 0478 652 468
Peter Sagar – 0414 843 854
Lukas Byrns – 0423 791 126

^ 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