Colliers launches four-hectare gateway site to the Yarra Valley in Melbourne’s north-east, offering rare development potential across retail, residential and commercial sectors.
A landmark development opportunity in Melbourne’s north-east is set to attract significant interest, as Colliers brings the expansive Chirnside Park Mixed-Use Site to market on behalf of the Freeman Family.
Strategically positioned at the gateway to the Yarra Valley, the 3.98-hectare site offers over 540 metres of frontage to Maroondah Highway, with exposure to more than 38,000 vehicles daily. Zoned Mixed Use under the Yarra Ranges Planning Scheme, the site presents a rare opportunity for developers to deliver a transformative project encompassing retail, residential, commercial and hotel or tourism uses (STCA).
Tim McIntosh, Colliers National Director | Retail Middle Markets, said, “This is a precinct defining development opportunity with flexibility to accommodate a wide range of development outcomes. Prominently positioned within an established retail and commercial precinct and supported by strong tenant interest driven by a dense residential population and attractive retail expenditure growth, this site represents an exciting candidate for a landmark mixed-use project.”
“With construction costs easing and interest rate stability returning, we’re seeing renewed confidence in the market. The constrained retail development pipeline and expanding population centres will continue to support rental growth and capital appreciation across key corridors like Chirnside Park.”
Chirnside Park is a well-established suburb approximately 38 kilometres from Melbourne’s CBD, anchored by major retail centres including Chirnside Park Shopping Centre, Bunnings, and the Chirnside Lifestyle Centre. The area is forecast to experience significant growth, with trade area population expected to reach over 200,000 by 2034 and annual retail expenditure projected to climb to nearly $5 billion.
Will Heffernan, Colliers Executive | Retail Middle Markets, Australia, said, “Developer appetite remains strong for quality sites with a growing population base and existing retail demand. Mixed-use sites like Chirnside Park are particularly attractive, given the significant exposure to passing traffic on a major arterial and set a the gateway to a booming tourismd destination driving occupier demand across mutliple commercial and residential sectors.”
A 100% interest in the Chirnside Park Mixed-Use Site is being offered for sale via Expressions of Interest (EOI), closing at 2.00pm (AEST) on Thursday, 18 September 2025. The campaign is being managed by Colliers agents Tim McIntosh, Will Heffernan and James Wilson.
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