OVERVIEW

Cushman & Wakefield Development Sites is pleased to present 29 Norvel Road, Ferntree Gully for sale via Expressions of Interest (EOI), closing Thursday, 4 December at 2:00 PM (AEDT).

This landmark site represents Melbourne’s most significant residential infill development opportunity for 2025. With planning approval secured for 138 residential lots, the project is substantially de-risked and offers a rare chance to deliver a large-scale master-planned community in Melbourne’s tightly held and highly connected eastern corridor.

Development Highlights:

·      Expansive 7.55-hectare* rectangular site with multiple frontages and access points

·      Zoned Neighbourhood Residential Zone (NRZ7)

·      Approved for 138 residential lots

·      Total Net Saleable Area (NSA) of 52,974 sqm*

·      Planning certainty with recent permit approval and endorsed Cultural Heritage Management Plan (CHMP)

·      Exempt from open space contributions

·      Flexible potential for alternative uses such as aged care & retirement living (STPA)

·      Excellent connectivity via Boronia & Ferntree Gully train stations, with easy access to Burwood Highway and Eastlink

·      Close to major amenities including Westfield Knox, Mountain Gate Shopping Centre, Ferntree Gully Village, Dandenong Ranges National Park, and a growing selection of popular cafes and eateries

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Joe Kairouz +61 421 430 638

Hamish Burgess +61 421 641 497

Leon Ma 马海翔 +61 417 070 725

* Approx