Merrifield South

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Description

Merrifield South 225-275 Donnybrook Road is superbly located opposite the Merrifield City Centre. Merrifield is located in the suburb of Mickleham on Melbourne’s northern outskirts, approximately 30 km from the CBD. The region is situated within the local government area (“LGA”) of Hume, which forms part of Melbourne’s rapidly expanding northern growth corridor. Merrifield is one of the fastest growing, mixed-use master planned communities in Victoria, and is set to become a true destination in Melbourne’s north. A carefully crafted city incorporating residential, commercial and industrial uses - as well as a centrally located retail and lifestyle hub buzzing with cafes, shops, health and beauty services - nestled amidst sculpted parkland and sporting fields. With childcare, schools, and excellent transport links to Melbourne and beyond, Merrifield is a connected and convenient community that offers a quality of life unlike any other. Opportunity Highlights: - 34,272 sqm of flexible Industrial 1 zoned land (across 2 titles). - Permit approved for Restricted Retail premises (13,115m2 GLA) and Convenience Restaurant (271m2 NLA), - Prime Donnybrook Road frontage and strategic location within Merrifield - one of the fastest growing, mixed-use master planned communities in Victoria. - Anchored by Harvey Norman & McDonalds - Located directly opposite the Merrifield City shopping centre, anchored by Coles, Liquorland and Chemist Warehouse. - The primary catchment has grown by 36.1% per annum from 2016 to 2023, a rate that’s more than twenty-five times the Melbourne average of 1.4%pa over the same period. - Population within the trade area is forecast to grow at 5.8% per annum, equal to more than 110,000 people to reach 239,942 by 2036. This growth is equivalent to a city of the size of Bendigo or Ballarat being added to the catchment over the next 11 years.

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