1370 Dohertys Road, Mount Cottrell, VIC 3024

Raine & Horne Land Victoria are delighted to offer this 10.10 Ha approx. site situated within Melbourne's rapidly expanding western corridor for sale. 1370 Dohertys Road, Mt Cottrell falls under the strategic Precint Structure plan named Oakbank PSP representing a key investment opportunity. Positioned to capitalize on the region's significant growth, this property is ideally located for a visionary residential development. This site has a potential to be subdivided into 175 lots (STCA). Location & Proximity:
• Melbourne CBD: 31 km, providing access to the urban center.
• Melbourne Airport: Approximately 37 km or 33 min approx
• Public Transport: Tarneit Train Station, future Davis Rd railway station and the upcoming Tarneit West Station are within minutes, enhancing connectivity.
• Shopping and Amenities: Tarneit Central Shopping Centre and Riverdale shopping centre is within minutes, offering a range of retail options.
• Located just approx. 850 meters from the current development Investment Highlights:
• Population Growth: Melbourne's western growth corridor has seen substantial population increases, with areas like Werribee and Melton experiencing significant growth. The region is set to welcome over 840,000 new residents by 2036, highlighting the demand for new housing and community infrastructure.
• Significant Developers nearby: Centrally positioned among already developing estates like Cassandra Estate by Homeington Building Group and the upcoming Orchard Estate by Dahua Group makes it an opportunity not to be missed. Other developrs nearby include Peet, Satterley, YourLand and many more.
• Strategic Growth Plans: The Victorian Planning Authority's Growth Corridor Plans outline the development of housing, employment, and transport infrastructure over the next 30 to 40 years. These plans aim to accommodate Melbourne's growing population by creating sophisticated suburbs with great town centers and affordable housing.
• Market Dynamics: Despite broader economic uncertainties, Melbourne's west has witnessed a strong market, attracting buyers with its affordable and desirable lifestyle. The area is expected to continue experiencing accelerated population growth, with a projected increase of 22,100 residents by 2031, representing an annual growth of 15%.
• Community-Focused Living: The region is known for its emphasis on community-focused living, with a demand for townhouses and master-planned communities offering value and lifestyle quality. Investments into public transport, walkability, and local community development initiatives are key to fostering strong community ties. This strategic parcel of land offers investors and developers a chance to be at the forefront of Melbourne's western expansion, delivering a project that meets the growing demand for residential spaces while contributing to the area's vibrant future. Please feel free to contact Harmandeep Singh Dhillon on 0401 352 120 or Rajbir Braich on 0413 467 369 for further enquiry. DISCLAIMER:
• All stated dimensions are approximate only and all photos are for illustration purposes only.
• Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
• Due Diligence Checklist -http://www.consumer.vic.gov.au/duediligencechecklist