CBRE is delighted to present for sale 'Warden Park', an unrivalled landholding with considerable development scope and upside situated within the Broadford Structure Plan area.
The expansive nature of the property spans a commanding 136.9* Ha of prime greenfield land in an area experiencing exponential growth and sustained purchaser demand. Currently situated upon the property is an existing dwelling with ancillary farming sheds servicing the historical use of the farmland.
The property offers exceptional development upside with Council's recent adoption of the Broadford Structure Plan which endorses a future rezoning of the land from the current Farming Zone (FZ) to a General Residential Zone (GRZ) enabling a significant residential subdivision outcome for the property.
Located in the central Victorian suburb of Broadford, the location is renowned as a family friendly peri-urban town positioned 75*km north of Melbourne. Characterised by spectacular surrounding countryside and a compact settlement shape, which includes a centrally located Railway Station, multiple primary and secondary education, and an attractive High Street, the town has scope to grow its population and improve its role and function within the Hume Region.
The Northern suburb of Broadford is currently experiencing planning for enormous transformation and is projected to accommodate a population of over 8,000 residents within the next ten (10) years.
The strategic positioning of 'Warden Park' further encompasses exceptional accessibility to Melbourne's CBD and the Tullamarine airport via the dual Hume Freeway.
The key features are:
- Expansive 136.9* Hectares landholding across
sweeping greenfield area
- Potential to double the size of the Broadford
community, whilst still retaining a rural lifestyle
- Designated Residential in the council endorsed Broadford
Structure Plan
- 'Next-in-line' to be developed within the Broadford township
- A large-scale land banking site, economies of scale
- Strategic land banking opportunity with imminent re-zoning status
- Estimated development feasibility of up to 900 lots (STCA).
- Currently adjoins established Residential land
- Prominent growth corridor gateway site located 75*km north of Melbourne's CBD
