A RARE large-scale development site in Melbourne’s northern growth corridor has been brought to market, with a 4.4-hectare Mernda landholding expected to attract strong interest from developers targeting the city’s expanding outer suburbs.
With a price guide of $15 million and over 600 metres of parkland frontage, the property at 620 Bridge Inn Road benefits from a favourable Comprehensive Development Zone and has the potential to support a townhouse scheme of about 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 and 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.
Mr Zamora 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.
“It’s an exciting opportunity for Mernda and the broader northern growth corridor. Large infill sites of this scale are becoming increasingly rare, particularly with 640 metres of parkland frontage. The ability to deliver housing with strong green-space amenity is uncommon and creates a highly desirable end product, while still supporting affordability for buyers entering the market.”
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.
Mr Kairouz 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 site’s proximity to the Mernda Town Centre, train station and new community hospital makes it a very compelling development opportunity. It provides future residents with access to key infrastructure, transport and lifestyle amenity, while remaining well connected to Melbourne’s CBD. Projects like this will play an important role in supporting the continued growth of the area and helping meet the state’s broader housing targets.”
The property is being offered for sale via expressions of interest closing 2pm on Thursday, June 18, through Cushman & Wakefield.
