270 Maroondah Highway, Chirnside Park VIC 3116

Premium Dual-Use Development Opportunity | 270 Maroondah Highway, Chirnside Park

Land
Type

Last updated on Saturday, August 08, 2026 ( See property details for 270 Maroondah Highway, Chirnside Park VIC 3116)

$13,000,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A prime 5.64-hectare industrial land parcel in Chirnside Park offering immediate development potential and future rezoning upside in a high-traffic, well-connected location.

🏡 Property Highlights

  • Massive 5.64-hectare greenfield industrial land in Melbourne's eastern growth corridor
  • Immediate development potential with existing Industrial 1 Zone (IN1Z) for industrial subdivision or development (STCA)
  • Strategic rezoning opportunity for high-density residential use as identified by local council
  • High-exposure frontage along busy Maroondah Highway with excellent visibility
  • Close proximity to major retail anchors including Bunnings, Harvey Norman, and Chirnside Park Shopping Centre
  • Accessible via local bus routes and Lilydale train line, ensuring strong transport connectivity

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Balcony
  • Garage
  • Air Conditioning
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Dishwasher
  • Home Office / Study

Chirnside Park is a thriving eastern Melbourne suburb renowned for its strategic location and excellent amenities. It offers strong transport links, proximity to major retail outlets, and a growing residential and industrial precinct. The area is highly sought after for its accessibility and future development potential, making it an ideal investment hub. Local infrastructure and connectivity support both industrial and residential growth, ensuring long-term value appreciation.

What are the current zoning restrictions for this land?
The property is currently zoned Industrial 1 Zone (IN1Z), allowing for industrial subdivision, development, and related uses (STCA).
Is there potential for rezoning to residential use?
Yes, the local council is actively investigating the site for potential High-Density Residential rezoning, offering future development upside.
What infrastructure and amenities are nearby?
The property benefits from excellent transport connectivity via bus routes and the Lilydale train line, along with proximity to major retail outlets including Bunnings Warehouse, Harvey Norman, and Chirnside Park Shopping Centre.
Are there any planning permits or approvals required to develop?
Plans and permits for industrial subdivision or development can be lodged immediately under the current zoning, subject to council approval (STCA).
What is the size and strategic significance of the land?
The land spans approximately 5.64 hectares, offering a substantial footprint in a tightly held industrial and future residential growth corridor.
Are there any existing easements, covenants, or zoning restrictions that could impact future development plans? Has a recent environmental or site contamination assessment been conducted? Are there any planned infrastructure projects or nearby developments that could affect the property’s value or accessibility? What are the potential costs associated with rezoning or obtaining development approvals? Is there any history of flooding or bushfire risk in this area that could influence development or insurance costs?

270 Maroondah Highway, Chirnside Park VIC 3116 - More Details

Premium Dual-Use Development Opportunity | 270 Maroondah Highway, Chirnside Park

Ray White Wollert is proud to present 270 Maroondah Highway, Chirnside Park a remarkable and highly sought after 5.64-hectare (approx.) industrial greenfield site situated within one of Melbourne's most tightly held eastern precincts. Occupying a prominent, high-exposure position along the bustling Maroondah Highway commercial corridor, this blue-chip parcel offers unparalleled scale and strategic value. The site benefits from robust surrounding infrastructure, excellent transport connectivity via local bus routes and the Lilydale train line, and immediate proximity to premier retail anchors including Bunnings Warehouse, Harvey Norman, and the Chirnside Park Shopping Centre.

The property is currently zoned Industrial 1 Zone (IN1Z), providing an immediate opportunity for astute developers to capitalise on the acute lack of industrial land supply in this highly constrained logistics corridor. Under this existing zoning framework, the site offers maximum flexibility for immediate deployment. Purchasers can treat the land for industrial purposes straight away, meaning comprehensive plans and permits can 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 Issues dated 21st August 2025. This provides an incoming purchaser with a lucrative choice: activate immediate industrial plans, or wait and actively push the rezoning process to unlock a legacy high-density residential development project that will fundamentally reshape the precinct.

Key Investment Highlights

• 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).
• 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.

Method of Sale
The property is offered for sale via Expressions of Interest (EOI) closing Friday, 17th July at 12:00pm AEST.

For further information or to request the Information Memorandum, please contact the exclusive selling agent:

Garvit Mediratta
Ray White Wollert
Phone: 0433 073 026
Email: [email protected]
Type
Land
Area
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