Opportunity to acquire a strategic site adjoining the $2.4 billion Beveridge freight terminal
EXPRESSIONS of interest are now open to secure a significant land holding near the $2.4 billion Beveridge Intermodal Freight Terminal, a priority Victorian site of the Federal Government’s Inland Rail project.
The 37.79ha parcel at 2451 Epping Kilmore Rd, Wallan, lies in the sought-after Northern Growth Corridor, 46km north of Melbourne’s CBD, with quick access to transport links such as Wallan Train Station, the M31 Hume Freeway and Melbourne International Airport.
The Federal Government recently completed the acquisition of 1,100ha for the nearby Beveridge Intermodal Freight Terminal (BIFT), which has the potential to be twice as large as Sydney’s Moorebank Intermodal Precinct and is expected to have a preliminary terminal receiving trains by 2025.
LAWD Director, Paul Callanan, said the fully integrated terminal is expected to be operational by 2028-29, enabling freight services to operate across Melbourne and through to Sydney, Brisbane and Perth, and transforming existing supply chains.
“This is a highly strategic site adjoining the state and nationally significant Beveridge Intermodal Freight Terminal project,” Mr Callanan said.
“The Federal Government has committed heavily to this project by acquiring 1,100ha of land in the area and designating $1.62 billion for its delivery.”
With freight rail giant, Aurizon, already signed on to be a foundation customer, the BIFT is forecast to deliver more than 20,000 ongoing jobs and an economic boost of over $3.5 billion a year to the Mitchell Shire, Victoria’s fastest-growing municipality.
The property is located within the Wallan East (Part 2) PSP and has been identified for future employment uses related to the BIFT within the previously produced Wallan Structure Plan.
Mr Callanan said the site benefits from extensive frontage of over 450 metres onto Epping-Kilmore Road which offers convenient access to the Hume Freeway via the Wallan-Whittlesea Road.
“This site offers an exceptional land banking opportunity based on the strength of the industrial market and the importance of freight services in the context of supply chain security,” he said.
Expressions of Interest close Wednesday, 19 July 2023 at 3.00pm.
Interested parties should submit offers in writing, by email to: