Ray White Wollert, as the exclusive agents, are excited to present an exceptional land banking opportunity located at 710 Mount Ridley Road, Mickleham. This property is available for purchase through an Expression of Interest process.
Unlock a prime land banking opportunity perfect for visionary developers! This strategically located parcel offers ample space for potential future residential development in a rapidly growing area. With nearby amenities, schools, and transportation links, this site promises to meet the increasing demand for housing. Imagine crafting a vibrant community where families thrive and residents enjoy a modern lifestyle. This land is not just an investment; it's a chance to shape the future of this burgeoning neighbourhood.
Situated just 30 kilometres north of Melbourne's Central Business District within the City of Hume, this substantial 33-acre parcel of land is directly across from major estates on Mickleham Road. Its strategic location is further enhanced by its proximity to the future Outer Metropolitan Ring Road (OMR), with Mt Ridley Road expected to intersect the OMR, thereby increasing road traffic and activity in this growing area of Mickleham.
The surrounding region boasts several significant developments, including Botanical by the Satterley Group, Woodsong Estate by HB Land, and Merrifield Estate by MAB. Mickleham itself is well-equipped with a variety of private and public schools, dining options, community facilities, medical centres and shopping complexes. Additionally, Melbourne Airport and the forthcoming Beveridge Freight Terminal are conveniently close to this site.
Key Investment Features:
- Expansive 33 acres of premium land
- In the vicinity of major developers such as HB Land, Satterley Group, and MAB Group
- Located 30 kilometres north of Melbourne CBD
- Easily accessible to neighbouring areas like Craigieburn, Greenvale, and Donnybrook
- 330m+ of Mount Ridley Road Frontage
- Just a 15-minute drive from Melbourne Airport
- Strategically situated East of the OMR
- Close proximity to the UGB
- Features fully flat terrain, ideal for future development
- Farm currently leased to a professional farmer
The Expression of Interest period will close on Friday, October 25th, at 4 PM (AEST).
For further details, please reach out to Garvit Mediratta on 0433 073 026.