Retail/Commercial Development Site Adjoining Coles Anchored Riverdale Village Town Centre

  • $2,500,000/Contact the Stonebridge Team

Property Description

Stonebridge Property Group is pleased to present for sale 12 Escapade Street, Tarneit. A 4,682 sqm* landholding within the Coles anchored Riverdale Village Town Centre.

The Property is one of the last remaining retail/commercial development opportunities within the Riverdale Village Town Centre, featuring a prior permit approval for a supermarket, that allowed for 1,307 sqm* NLA, and offers developers the opportunity for several other retail/commercial uses (STCA).

The key highlights of the opportunity include:

– Significant 4,682 sqm* retail/commercial development site

– High exposure site with 113 m* frontage to Escapade Street

– Prior permit approval for a supermarket/retail centre with 1,307 sqm* NLA and 69 on-site car spaces

– PSP approved for town centre in the Riverdale PSP, suited to retail/commercial development (STCA)

– Within the Coles anchored Riverdale Village Town Centre – a thriving neighbourhood shopping centre, with a total catchment area of 42,000 people and $613million total retail spend^

– Surrounded by several successfully developed master planned communities completed by prominent developers including Yourland, Stockland, Villawood Properties and Satterley Property Group

– Located within the City of Wyndham, one of Australia’s fastest growing municipalities. An area that has experienced remarkable growth since 2012, with an 87% increase in population, a 135% surge in the number of businesses, and over $5.5 billion in approved permits for non-residential developments^^. These figures underpin the strong confidence and significant investment in the region

– Excellent connectivity via Riverdale Bus Stop (100 m*), the future Tarneit West Train Station is 600 m* away and Tarneit Train Station is 3.7 km* away

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 张超
0411 625 068

* Approximately
^ Location IQ (2024)
^^ Wyndham City Council (2024)

Property Code: 1058

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