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Prized Clyde South Development site hits the market amid surging growth corridor demand

Jess Freeman • 31/07/2025
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A prized parcel of land in Melbourne’s southeast growth corridor is set to hit the market, offering developers and investors a rare chance to secure a foothold in the future Clyde South Precinct Structure Plan (PSP).

Located at 230 Clyde-Fiveways Road, Clyde, the 7.85-hectare site is ideally positioned for residential development, with a concept plan outlining potential for 172 lots (subject to planning approval). The property boasts 188 metres of road frontage and sits among some of the region’s most active developers.

The site’s proximity to key infrastructure - including the future Clyde Major Town Centre, Clyde Train Station, and major arterial roads—adds to its appeal, particularly as the southeast continues to experience rapid population growth and significant public investment.

For sale through Cameron Zamora, Joe Kairouz and Leon Ma of Cushman & Wakefield, on behalf of a Private Chinese vendor, the site is surrounded by major players including AVJennings, Villawood, ID Land, and Blueways, and benefits from proximity to the future Clyde Major Town Centre and Clyde Train Station.

Cameron Zamora of Cushman & Wakefield said buyer interest has already been strong.

“We’re seeing a high level of enquiry from both institutional and private developers who recognise the long-term value of this corridor,” he said.

“The scale, location, and PSP timing make this a rare and strategic acquisition.”

Joe Kairouz of Cushman & Wakefield, highlighted the asset’s unique positioning.

“A premium landbank within the emerging Clyde South PSP, 230 Clyde-Fiveways Road offers strong future residential potential in one of Melbourne’s fastest-growing corridors, backed by accelerating infrastructure and population growth” he said.

230 Clyde-Fiveways Road, Clyde VIC is for sale via Expressions of Interests closing Thursday 11 September at 12:00PM. The price guide is circa $15 million.

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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Jess Freeman
Jess Freeman

PR & Communications Director ANZ • Sydney

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