With a price guide of circa $15 million and over 600 metres of parkland frontage, the property at 620 Bridge Inn Road benefits from a favourable Comprehensive Development Zone (CDZ) and has the potential to support a townhouse scheme of circa 150 dwellings, subject to approval.
Positioned directly opposite Mernda Station and adjoining established parkland, the site combines scale, connectivity and lifestyle appeal in a corridor continuing to experience strong population growth and infrastructure investment.
For sale through Cameron Zamora, Joe Kairouz, Hamish Burgess of Cushman & Wakefield on behalf of the Sirianni Family, a private family holding, the offering comes as developers increasingly focus on Melbourne’s northern growth areas, where housing demand, improving amenity and relative affordability continue to underpin long-term residential expansion.
Cameron Zamora of Cushman & Wakefield said the campaign is expected to attract a broad mix of residential developers seeking well-located sites with planning flexibility.
“We’re seeing strong demand for large-scale infill opportunities within established growth corridors, particularly sites that offer connectivity, open space amenity and the ability to deliver diverse housing outcomes,” he said.
The site’s direct interface with public open space and proximity to major retail, education and healthcare infrastructure further strengthen its appeal, with Mernda Town Centre, Coles, Bunnings and the newly opened Mernda Community Hospital all nearby .
Joe Kairouz of Cushman & Wakefield said opportunities of this scale and zoning profile are becoming increasingly scarce across metropolitan Melbourne.
“What makes this asset particularly compelling is the combination of scale, park frontage and development flexibility. It’s a genuine opportunity to deliver a large-format residential outcome within one of Melbourne’s fastest-growing and best-connected northern precincts,” he said.
The property is being offered for sale via expressions of interest closing 2pm (AEST) Thursday, 18 June through Cushman & Wakefield.