Stonebridge Property Group is pleased to present for sale 225s Morison Road, Cranbourne East, a desirable retail development site in the Southeast growth corridor.
The Southeast growth corridor, encompassing the City of Casey and the Shire of Cardinia, has experienced significant population growth, increasing by 152,000 residents over the past 10 yearsaccounting for almost 20% of Melbourne's total growth during that period. Further expansion is anticipated, with a projected average annual population increase of 5.9% within a 1.5 km radius of the site from 2021 to 2031^.
Situated within the Casey Fields South Residential PSP, the Property presents a prime opportunity for a developer to capitalise on the area's rapid growth by delivering essential retail services to the expanding community.
The key highlights of the opportunity include:
- Commanding 4,691 sqm* island site within the burgeoning Southeast growth corridor
- Designated as a Local Convenience Centre and suitable for commercial/retail, childcare, local supermarket, medical or office uses (STPA)
- 271 m* of quadruple street frontage to Morison Road, Moonstone Crescent and Ballarto Road
- Located within the Aurum Casey Fields Estate, a 160-lot development, and adjacent to established housing estates with strong retail demand
- Adjacent to the Casey Fields South (Employment) PSP and nearby the Future Clyde Train Station (1.5 km*)
- Proximity to lifestyle and education amenity including Casey Fields Playspace and Village Green (775 m*), Clyde Primary School (1.5 km*), Casy Fields Primary School (1.75 km*) and Melbourne City FC (800 m*)
- 2 km* from Gippsland Highway, providing direct Melbourne CBD access (46 km*)
- 5.9% average annual population growth projected within a 1.5 km radius (from 2021-2031), compared to Metro Melbourne's 1.8% per annum growth^
225s Morison Road, Cranbourne East is offered for sale via Expressions of Interest closing 2pm Thursday 17 April 2025 (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
0422 764 1...
Lucas Gentile
0418 516 056
Chao Zhang
0411 625 068
^Location IQ
*Approximately
Property Code: 1224