Stonebridge Property Group is pleased to present for sale Somerford Estate Superlot – 1865 Thompsons Road, Clyde North.

This 1.164 ha* landholding is ideal for medium density residential development or childcare uses (STPA). The corner site is located within the successful AVJennings Somerford Estate with full services infrastructure available along perimeter roads. Additionally, the development contributions needed to subdivide the superlot will be paid by the vendor and margin scheme is applicable.

The key highlights of the opportunity include:

• 1.164 ha* superlot ideal for medium density residential development or childcare uses (STPA)
• Full services infrastructure available along perimeter roads with the added benefit of being a corner landholding with a 459 m* total frontage
• Nearby major amenity including the Bunnings and Aldi anchored Clyde North Lifestyle Centre (1 km*), the Woolworths anchored The Avenue Village Shopping Centre (2.5 km*), Monash Health – Casey Hospital (4.5 km*) and Berwick Village (6.25 km *)
• Strategically positioned with convenient access to the major arterial, Princes Highway, which provides a direct 45-minute drive to the Melbourne CBD (50 km*) 
• Clyde North’s Median House price is $730,000^, which has grown at a significant 7.9% compounded annual growth rate for the past 3 years^^
• Within one of the fastest growing precincts in Australia, the Casey Growth Area has a population of approximately 390,000 people and is forecast to grow approximately 40% to 549,000 by 2041^^^

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

* Approximately
^ Source: Realestate.com
^^ Source: REIV
^^^ Source: Profile ID