12 Escapade Street, Tarneit, VIC 3029

Development/Land

For Sale Contact the Stonebridge Team

  • Property ID: 448507
  • Land Area: 4682m²
  • Occupancy: Vacant
Retail/Commercial Development Site Adjoining Coles Anchored Riverdale Village Town Centre

Stonebridge Property Group is pleased to present for sale 12 Escapade Street, Tarneit. A 4,682 sqm* landholding within the Coles anchored Riverdale Village Town Centre.

The Property is one of the last remaining retail/commercial development opportunities within the Riverdale Village Town Centre, featuring a prior permit approval for a supermarket, that allowed for 1,307 sqm* NLA, and offers developers the opportunity for several other retail/commercial uses (STCA).

The key highlights of the opportunity include:

- Significant 4,682 sqm* retail/commercial development site

- High exposure site with 113 m* frontage to Escapade Street

- Prior permit approval for a supermarket/retail centre with 1,307 sqm* NLA and 69 on-site car spaces

- PSP approved for town centre in the Riverdale PSP, suited to retail/commercial development (STCA)

- Within the Coles anchored Riverdale Village Town Centre – a thriving neighbourhood shopping centre, with a total catchment area of 42,000 people and $613million total retail spend^

- Surrounded by several successfully developed master planned communities completed by prominent developers including Yourland, Stockland, Villawood Properties and Satterley Property Group

- Located within the City of Wyndham, one of Australia's fastest growing municipalities. An area that has experienced remarkable growth since 2012, with an 87% increase in population, a 135% surge in the number of businesses, and over $5.5 billion in approved permits for non-residential developments^^. These figures underpin the strong confidence and significant investment in the region

- Excellent connectivity via Riverdale Bus Stop (100 m*), the future Tarneit West Train Station is 600 m* away and Tarneit Train Station is 3.7 km* away

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:

Julian White
0422 764 137

Lucas Gentile
0418 516 056

Chao Zhang ??
0411 625 068

* Approximately
^ Location IQ (2024)
^^ Wyndham City Council (2024)

Property Code: 1058

Tarneit Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3030 $160 5.29%
Offices $1145 --- ---
This is the average advertised price, rent and yield for Tarneit, VIC 3029*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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