585 Berwick-Cranbourne Road,
Clyde North, VIC 3978

Development Sites & Land

Key property information

Land area

Zoning

Sold on

LAWD

Level 47, North Tower, 80 Collins Street
MELBOURNE, VIC 3000

585 Berwick-Cranbourne Road

Clyde North, VIC 3978

Map of 585 Berwick-Cranbourne Road

Directions

THE BEST INFILL INDUSTRIAL / COMMERCIAL SITE IN THE SOUTH-EAST

Prominent land area of 53.58ha
Within the Croskell PSP
1.4 kilometres of dual street frontage

LAWD is pleased to present For Sale 585 Berwick-Cranbourne Road, Clyde North, one of the last remaining opportunities to acquire an institutional grade industrial / commercial development site of scale in the South-East growth corridor of Melbourne.

Key Property Features:
- Extremely rare opportunity to acquire an infill industrial / commercial site of significant scale in Melbourne’s booming South-East growth corridor
- Substantial land area of 53.58ha* within the Croskell Precinct Structure Plan
- Over 1.4 kilometres of frontage onto Thompsons Road & Berwick-Cranbourne Road
- Potential net developable area of 41.211ha^
- Identified for future Industrial use within the ‘Shareholder Update Croskell PSP (July 2022)’ provided by the VPA
- Potential to deliver a flagship institutional grade business park (STCA)
- Existing & future interchanges will promote gateway uses
- Access to South Gippsland Highway, M1 Monash Freeway & M3 Eastlink Freeway
- Potential to leverage from unprecedented occupier demand & record low vacancy rates
- Opportunity to capitalise on forecasted levels of rental growth
- Continuing entrenchment of e-commerce driving logistics demand
- Benefits from service & infrastructure upgrades which have occurred within surrounding residential communities & industrial precincts

The property is for sale by Expression of Interest closing at 3pm on Thursday 27 October 2022.

For further information on this opportunity please contact the LAWD team.

Paul Callanan | LAWD – 0478 652 4...
Peter Sagar | LAWD – 0414 843 8...
Darcy Tobin | LAWD - 0433 644 1...

*Approx
^Based on a Beveridge Williams Concept Plan

Clyde North, 3978 demographic data

The median household income for Clyde North is $2,163, 14% higher than Greater Melbourne's household income of $1,901. Clyde North has a younger age profile compared to the rest of Greater Melbourne (median age 30 vs 37). Property ownership data shows 86% of property owners in Clyde North have a mortgage.

31,681

Population

$2,163 per week

Median household income

30 years

Median age

Owners

Most residents

Families

Most households

LAWD

Level 47, North Tower, 80 Collins Street
MELBOURNE, VIC 3000