VISION:
Development Victoria seeks to facilitate the opportunity for a development that further enhances the Valley Lake
Estate. This development opportunity arises through the sale of the former Valley Lake Sales Office Site, 45 Valley
Lake Boulevard, Keilor East (“Project Site”).

Valley Lake Estate sits on the former Niddrie Quarry. It has been transformed by Development Victoria, previously Places Victoria into an award-winning residential development, featuring contemporary architecture and design set amongst the distinctive topography.

The Valley Lake master planned community is nearing completion with the final homes under construction.  

OPPORTUNITY:
The 1302m 2 site is located on the edge of Niddrie Lake and adjoins Valley Lake Boulevard. The site is zoned General Residential and subject to planning approval by Moonee Valley City Council. Its position creates an opportunity to leverage off the unique backdrop of the lake and cliff landscape. The site is within proximity to the CBD and enjoys excellent access to major arterials, airports, employment, retail outlets, private and public schools. The Project Site is generally level.

OBJECTIVES:
Valley Lake Estate demonstrates Development Victoria’s ability to tackle difficult sites whilst delivering on its policy pillars of Housing Urban Renewal and Value Capture and Creation. Through the sale of the Project Site, Development Victoria seeks to facilitate further housing and to provide the opportunity for a new commercial operation, accessible to the public which benefits the community.

THE SITE:
The site is in the General Residential Zone 1. The western boundary of the site is a publicly accessible boardwalk along the lake. Respondents should note that the successful respondent will be responsible for obtaining all relevant approvals required for their proposed development. Respondents are encouraged to obtain independent advice in respect of planning requirements and should refer in more detail to the Planning Scheme Provisions

• Submission email address: tenders@development.vic.gov.au
• All questions and clarifications concerning this EOI, must only be directed in writing via email to the Proposal Manager: Rosy Serventy Development Manager - Development Victoria rosy.serventy@development.vic.gov.au Enquiries are to be provided no later than Friday 7 August 2020.