Officer, Victoria
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Location
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Officer, Victoria
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Development partner
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Metricon
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Total land area
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95.4 hectares
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Acquisition date
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June 2006
adjoining land in July 2007
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Status
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Pre-delivery
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Estimated completion
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2015
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Residential lots
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950
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Total lot yield on acquisition
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950
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Key features of project
- The area will benefit from the Pakenham Bypass construction (expected completion 2007) and East-link arterial road project (expected completion 2008) which will connect Melbourne's south-eastern and eastern suburbs directly to the city.
- Over the next 15 years, the Casey-Cardinia Growth Area is expected to supply around 54,000 dwellings or almost 15 per cent of Melbourne's total growth requirements.
- With the bolt-on acquisition BLP will be a major supplier of residential land to the area, especially as competing detached land projects will be close to sold out as BLP's selling phase commences in late 2008.
For more information: www.metricon.com.au