THE PROPERTY DEVELOPMENT REVIEW
PREMIUM DUAL-USE DEVELOPMENT OPPORTUNITY
be lodged for an industrial subdivision, institutional-grade business park, or small-format industrial development immediately (STCA). This provides a secure, low-risk avenue to realise significant capital and rental growth from day one. Alternatively, 270 Maroondah Highway represents an extraordinary strategic land-banking play with monumental future upside. The local council is actively investigating the property for High Density Residential uses, a landmark planning shift explicitly detailed in the Issues and Options Paper under the Chirnside Park Structure Plan
• Strategic Rezoning Potential: Formally identified by local council for potential High-Density Residential use under the Chirnside Park Structure Plan Issues (Issues and Options Paper, 21st August 2025). • High-Exposure Location: Exceptional frontage and visibility along the high-traffic Maroondah Highway. • Surrounding Retail & Transport Amenity: Direct access to major national retailers (Bunnings, Harvey Norman, Chirnside Park Shopping Centre) alongside excellent connectivity via bus networks and the Lilydale Train Line.
Issues dated 21st August 2025. Key Investment Highlights
FOR FURTHER INFORMATION OR TO REQUEST THE INFORMATION MEMORANDUM, PLEASE CONTACT THE EXCLUSIVE SELLING AGENT: GARVIT MEDIRATTA RAY WHITE WOLLERT PH: 0433 073 026 E: garvit.mediratta@raywhite.com
• Unrivalled Scale & Footprint: A massive 5.64-hectare (approx.) premium greenfield land holding in a premier Eastern Melbourne growth hub. • Immediate Industrial Activation: Zoned Industrial 1 (IN1Z), allowing immediate development treatment and swift lodgement of plans and permits for industrial subdivision (STCA).
THE PROPERTY IS OFFERED FOR SALE VIA EXPRESSIONS OF INTEREST (EOI) CLOSING FRIDAY, 17TH JULY AT 12:00PM AEST.
July / August 2026 – 55
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