25 Newmarket Road, Werribee, VIC
A 18,810 sqm* mixed use parcel of land within the Riverwalk Estate at Werribee has been listed for sale by Stonebridge Property Group, represented by Julian White, Chao Zhang and Jacob Biviano.
The site, on the corner of Newmarket Road and Dutchelm Avenue, is part of the approved Riverwalk development plan and adjoins the future retail/town centre that will become the commercial hub of the Riverwalk Estate.
Riverwalk is being delivered by Development Victoria, the Victorian Government’s property development and major projects agency, in partnership with Melbourne Water. When complete, Riverwalk will include around 2,600 homes, two schools, a Town Centre and approximately 20-hectares of open space. The City of Wyndham’s population is forecast to reach 512,591 residents by 2041, an increase of almost 70 per cent from 2022.
“These demand fundamentals, combined with the flat topography, prominent corner position, size and zone make it an excellent proposition for residential development” said Stonebridge National Partner, Julian White.
Only 35 km* from the Melbourne CBD, 2.5 km* from Werribee Train Station and around 2 km* from Werribee Town Centre with direct access to Princes Freeway, the development site is in an area which provides an attractive and affordable lifestyle for residents.
As the Victorian Government’s property developer, Development Victoria builds homes and communities where people and businesses can thrive, creating vibrant places across Victoria through diverse and strategic property development and urban renewal projects. Development Victoria has been delivering homes, infrastructure and open space throughout the Riverwalk Estate since 2011, which is already home to over 2500 residents.
25 Newmarket Road, Werribee is for sale via Expressions of Interest, which close at 2.00pm (AEDT) on Thursday 24 November 2022.
*Approximately
^https://forecast.id.com.au/Wyndham
