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Pad Sites 1 & 2, 1-15 Banchory Ave
Hillside VIC 3037
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Pad Sites 1 & 2, 1-15 Banchory Ave Hillside VIC 3037

  • Development / Land
  • 2,512 m²
  • For Sale, Contact the Stonebridge Team

Two High Exposure Retail Pad Sites Within Woolworths Banchory Grove Shopping Centre

  • 2 x Retail Pad Sites
  • Within Woolworths Banchory Grove
  • Purchase Separately or Together

Stonebridge Property Group is pleased to present for sale Pad Sites 1 and 2, 1-15 Banchory Avenue, Hillside Offered for sale separately or in-one-line.

These two retail pad sites are situated at the highly exposed corner of Melton Highway and Banchory Avenue.

Both allotments are within the soon to be completed Banchory Grove Shopping Centre, anchored by a Woolworths supermarket, the only full-line supermarket in the primary catchment.

- Pad Site 1: 1,299 sqm* land size

- Pad Site 2: 1,213 sqm* land size

The key highlights of the opportunity include:

- 2x retail pad sites within the Woolworths anchored Banchory Grove Shopping Centre, currently under construction, featuring strong sales forecasts

- Highly exposed location with frontage to Melton Highway, boasting over 31,000 vehicles passing daily^

- Development opportunity includes childcare, QSR, swim school, car wash and food/drink premises (STCA)

- Located within the City of Melton, poised for significant population growth, with forecasts of 102.22% increase by 2046^^, further enhanced by the nearby Plumpton PSP and Koroit PSP, underpinning the growth and demand for retail

- Main trade area within a 3 km* radius is 50,600 people* with a total retail spend of $916million^^^, which are strong metrics supporting retail at this location

- Limited competition for retail nearby, being one of the only Commercial 1 Zone landholdings in the vicinity, making this one of the major retail sites servicing the area

- Highly established residential area, home to excellent education institutions including Cana Catholic Primary School (275 m*), Sydenham Hillside Primary School (1.1 km*) and Copperfield College (1.5 km*)

Pad Sites 1 and 2, 1-15 Banchory Avenue, Hillside are offered for sale separately, or in-one-line via Expressions of Interest closing Wednesday 4th December 2024 at 2PM (AEDT). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:

Julian White
0422 764 137

Lucas Gentile
0418 516 056

Chao Zhang
0411 625 068

* Approximately

^ VicRoads (2024)

^^ forecast.id (2024)

^^^ Location IQ (2024)

Property Code: 1120

Property Highlights

Floor Area1 m²
Land Area2,512 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019603801
Category
Last updated  31 Oct 2024
Map for Pad Sites 1 & 2, 1-15 Banchory Ave Hillside VIC 3037

Property Highlights

Floor Area1 m²
Land Area2,512 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019603801
Category
Last updated  31 Oct 2024

Co-Agents

Julian White
Stonebridge Property Group VIC
Call
+61 422 764 137
Lucas Gentile
Stonebridge Property Group VIC
Call
+61 418 516 056
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068

More about Pad Sites 1 & 2, 1-15 Banchory Ave Hillside VIC 3037

Pad Sites 1 & 2, 1-15 Banchory Ave Hillside VIC 3037 is categorized as Land & Development Property. It has a floor area of 1 m² and a land area of 2,512 m². The listing ID for this property is 2019603801.

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