Overview

Presenting an exceptional opportunity at 501 Brooklyn Road, Brookfield, this property spans over 5 acres of prime land situated within the Green Wedge A Zone. It is strategically located opposite the Melton West Precinct Structure Plan (PSP), which is earmarked for future residential development. This property is positioned along the Urban Growth Boundary and is subject to the Development Plan Overlay (DPO3), making it an ideal investment for those looking to capitalize on future growth.

The property offers a unique blend of lifestyle appeal and long-term potential, making it particularly attractive to land bankers and savvy investors. Its proximity to existing and future development parcels enhances its value, while the proposed diamond intersection nearby further strengthens its potential for future business or commercial use, subject to council approval (STCA).

Key location highlights include:

• 2.4 km to Woodgrove Shopping Centre and healthcare precinct
• 3.7 km to Melton Train Station
• Approximately 45 minutes to Melbourne CBD
• Approximately 40 minutes to Melbourne Tullamarine Airport

Additionally, the Melton City Council has welcomed a significant investment from the Australian Government, amounting to $1 billion, aimed at upgrading the Western Highway between Melton and Caroline Springs. This project is expected to greatly benefit the surrounding region, adding to the long-term upside of this property.

For further information, please refer to the Victorian Government's Due Diligence Checklist available online.

Location