Cushman & Wakefield and Colliers are pleased to present 20 East Ridge Drive, Chirnside Park for sale via International Expressions of Interest (EOI), closing Thursday, 25 November at 2:00 PM (AEDT).

The property represents one of Melbourne's largest remaining permit-approved residential infill development opportunities within Melbourne's tightly held eastern corridor. The site benefits from an existing planning permit for a substantial residential development comprising more than 140 dwellings, together with additional land offering future development potential beyond the current approval.

Development Highlights:

- Substantial 34,330sqm* (3.43ha*) residential development site

- Zoned Residential Growth Zone Schedule 3 (RGZ3)

- Permit-approved residential development comprising 140+ dwellings

- Opportunity for reduced Public Open Space (POS) contributions and a lower overall developer contribution obligation

- Existing permit mitigates planning risk and reduces overall development risk

- Suitable for alternative residential development outcomes, including an all-townhouse scheme (STPA)

- Located within the Chirnside Park Activity Centre

- Flexibility to stage delivery and adapt future housing mix to market conditions

- Additional future development potential beyond the current permit approval

- Walking distance to Chirnside Park Shopping Centre and extensive retail, lifestyle and commercial amenity

- Surrounded by established education, employment, healthcare and lifestyle infrastructure

- Strong eastern corridor fundamentals supported by population growth and limited future development supply

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

Cushman & Wakefield

Joe Kairouz +61 421 430 638

Hamish Burgess +61 421 641 497

Colliers

Jozef Dickinson +61 402 678 888

Philip Heberling +61 448 955 275

* Approx