Property description
Project summary:
1. Address: High Street, Melton, VIC 3337
2. Land space: 390,000sqm
3. Government approval:
5 steps planning
1st: Master Home Improvement
2nd: Big Box Appliance Shopping Mall
3rd: Shop on Shopping Centre
4th: Medical Centre
5th: Motor City Car Showroom
4. Area Introduction:
4.1 Area Analysis:
Accroding to research of RPDATA website, Melton is the area having the fastest growth rate of real estate price. Population growth per year will be around 6% per year. With 120,000 population for now and having the prospect to reach 200,000 by 2026. The minister of City Planning just announced that Melton area has been included in City Development Border Area. So the potential of this area will be truly exciting.
4.2 Traffic condition:
45 km to Melbourne CBD, 23 km to Melbourne Airport. Right besides Western Freeway so it will be easy to go to CBD.