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DESCRIPTION:Major 3.44ha* Chirnside Park Residential Development Opportunit
 y\nCushman & Wakefield and Colliers are pleased to present 20 East Ridge D
 rive\, Chirnside Park for sale via International Expressions of Interest (
 EOI)\, closing Wednesday 25 November at 2:00 PM (AEDT).\n\nThe property re
 presents one of Melbourne's largest remaining permit-approved residential 
 infill development opportunities within Melbourne's tightly held eastern c
 orridor. The site benefits from an existing planning permit for a substant
 ial residential development comprising more than 140 dwellings\, together 
 with additional land offering future development potential beyond the curr
 ent approval.\n\nDevelopment Highlights:\n\n• 	Substantial 34\,420sqm* (
 3.44ha*) residential development site\n• 	Zoned Residential Growth Zone 
 Schedule 3 (RGZ3)\n• 	Permit-approved residential development comprising
  140+ dwellings\n• 	Opportunity for reduced Public Open Space (POS) cont
 ributions and a lower overall developer contribution obligation\n• 	Exis
 ting permit mitigates planning risk and reduces overall development risk\n
 • 	Suitable for alternative residential development outcomes\, including
  an all-townhouse scheme (STPA)\n• 	Located within the Chirnside Park Ac
 tivity Centre\n• 	Flexibility to stage delivery and adapt future housing
  mix to market conditions\n• 	Additional future development potential be
 yond the current permit approval\n• 	Walking distance to Chirnside Park 
 Shopping Centre and extensive retail\, lifestyle and commercial amenity\n
 • 	Surrounded by established education\, employment\, healthcare and lif
 estyle infrastructure\n• 	Strong eastern corridor fundamentals supported
  by population growth and limited future development supply\n\nTo obtain f
 urther information or to arrange an inspection\, please contact the exclus
 ive selling agents:\n\nCushman & Wakefield\nJoe Kairouz +61 421 430 638\nH
 amish Burgess +61 421 641 497\n\nColliers\nJozef Dickinson +61 402 678 888
 \nPhilip Heberling +61 448 955 275\n\n* Approx
DTEND:20261125T140000
DTSTAMP:20261022T011032Z
DTSTART:20261125T140000
LOCATION:Colliers
SEQUENCE:0
SUMMARY:Expression Of Interest: 20 East Ridge Road\, Chirnside Park VIC
UID:CRE-2021263925-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Major 3.44ha* Chirnside Park Resident
 ial Development Opportunity <br/> Cushman & Wakefield and Colliers are ple
 ased to present 20 East Ridge Drive\, Chirnside Park for sale via Internat
 ional Expressions of Interest (EOI)\, closing Wednesday 25 November at 2:0
 0 PM (AEDT). <br/>  <br/> The property represents one of Melbourne's large
 st remaining permit-approved residential infill development opportunities 
 within Melbourne's tightly held eastern corridor. The site benefits from a
 n existing planning permit for a substantial residential development compr
 ising more than 140 dwellings\, together with additional land offering fut
 ure development potential beyond the current approval. <br/>  <br/> Develo
 pment Highlights: <br/>  <br/> • 	Substantial 34\,420sqm* (3.44ha*) resi
 dential development site <br/> • 	Zoned Residential Growth Zone Schedule
  3 (RGZ3) <br/> • 	Permit-approved residential development comprising 14
 0+ dwellings <br/> • 	Opportunity for reduced Public Open Space (POS) co
 ntributions and a lower overall developer contribution obligation <br/> 
 • 	Existing permit mitigates planning risk and reduces overall developme
 nt risk <br/> • 	Suitable for alternative residential development outcom
 es\, including an all-townhouse scheme (STPA) <br/> • 	Located within th
 e Chirnside Park Activity Centre <br/> • 	Flexibility to stage delivery 
 and adapt future housing mix to market conditions <br/> • 	Additional fu
 ture development potential beyond the current permit approval <br/> • 	W
 alking distance to Chirnside Park Shopping Centre and extensive retail\, l
 ifestyle and commercial amenity <br/> • 	Surrounded by established educa
 tion\, employment\, healthcare and lifestyle infrastructure <br/> • 	Str
 ong eastern corridor fundamentals supported by population growth and limit
 ed future development supply <br/>  <br/> To obtain further information or
  to arrange an inspection\, please contact the exclusive selling agents: <
 br/>  <br/> Cushman & Wakefield <br/> Joe Kairouz +61 421 430 638 <br/> Ha
 mish Burgess +61 421 641 497 <br/>  <br/> Colliers <br/> Jozef Dickinson +
 61 402 678 888 <br/> Philip Heberling +61 448 955 275 <br/>  <br/> * Appro
 x</P></body></html>
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