The Precinct, Clyde North, VIC 3978

Development/Land | Retail

For Sale Contact Agent

  • Property ID: 449852
  • Floor Area: 61m²
  • Land Area: 615900m²
  • Occupancy: Vacant
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

Clyde North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $441 ---
Industrial --- $139 ---
Retail --- $441 ---
This is the average advertised price, rent and yield for Clyde North, VIC 3978*
* 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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