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Retail/Commercial Development Site Adjoining Coles Anchored Riverdale Village
12 Escapade Street, Tarneit VIC

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.

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

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