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Investment Highlights

  • The property spans approximately 4 hectares and includes both commercial and residential development components.
  • It offers access to Cobblebank Train Station and the Western Freeway.
  • It is located within the Toolern Precinct Structure Plan and the Cobblebank Metropolitan Activity Centre.

Executive Summary

This exceptional 4-hectare development opportunity in Cobblebank offers a rare combination of scale, flexibility, and long-term growth potential. The property comprises a substantial commercial precinct and a dedicated residential component, providing multiple development pathways. Positioned directly opposite the $1 billion Melton Hospital, now under construction, the site is set to benefit from significant government investment and the resulting demand for health, retail, and residential uses. Located within the Cobblebank Metropolitan Activity Centre and the Toolern PSP, the property enjoys proximity to Cobblebank Train Station, the Western Freeway, and key amenities including Cobblebank Village Shopping Centre, Western BACE, and future education facilities. This is a unique opportunity to secure a large-scale mixed-use site in one of Melbourne’s fastest-growing corridors.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
Total Lot Size 9.88 AC

1 Lot Available

Lot

Lot Size 9.88 AC

A 4-hectare mixed-use development site in Cobblebank, VIC, featuring commercial and residential components within the Toolern PSP, opposite the new Melton Hospital, and near Cobblebank Station with strong connectivity and growth potential.

Description

The property consists of approximately 4 hectares of land located in Cobblebank, Victoria. It includes two primary components: a commercial precinct and a residential precinct. The site is situated within the Toolern Precinct Structure Plan and forms part of the Cobblebank Metropolitan Activity Centre. It is positioned opposite the Melton Hospital, which is currently under construction, and is near Cobblebank Train Station and the Western Freeway. The surrounding area includes educational institutions, retail facilities, and planned infrastructure developments such as a justice center and a TAFE campus.

  • Listing ID: 40066292

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 275 Ferris Road, Cobblebank, VIC 3338

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