Resimax, Oreana Strike $14m Deal for Eynesbury Village

Developer-builder Oreana will deliver the first of four stages of an 8ha mixed-use masterplan in Melbourne’s west, after a $14-million deal.

Privately owned developer Resimax Group sold the stage, that will encompass the 2.3ha Eynesbury Village, 44km west of the city centre, to Oreana.

Stage 1 will comprise 7500sq m of gross floor area and be anchored by a 3460sq m full-line Coles supermarket. Construction is expected to begin mid-2026.

Resimax Group and Oreana said they would jointly ensure the new precinct delivered critical infrastructure to meet the growing needs of Eynesbury’s 4000 residents.

Oreana has previously transacted with Resimax Group on land for two childcare centres and a medical centre within the Newbridge development at Wallan, 45km north of the Melbourne CBD.

Resimax founder and managing director Ozzie Kheir said the deal was a “key milestone in the delivery of the Eynesbury township’s long-term masterplan”.

“As the scale of the precinct has evolved alongside the rapid growth of the Eynesbury community, we saw an opportunity to bring in a specialist operator to lead this stage,” he said.

“The village will deliver essential services and amenities tailored to the needs of residents and play a key role in supporting the next phase of the township’s development.”

A broad mix of tenancies “to satisfy the daily needs of Eynesbury residents”, including specialty stores, food and beverage outlets, a medical centre and pharmacy, a gym and a childcare centre, are proposed for the village.

Eynesbury Village has been planned to support a local trade area characterised by strong household formation and family demographics, Resimax said.

According to the 2021 Census, 61.9 per cent of Eynesbury’s population comprised families with dependent children, and had a median household income of $2609 per week. 

▲ Resimax Group acquired Eynesbury, once part of a 5000ha property west of Melbourne, in 2020.

Eynesbury is between Melton and Wyndham, two of Australia’s fastest-growing municipalities, in a corridor of significant residential and infrastructure growth.

Since acquiring Eynesbury in 2020, Resimax Group said it had invested significantly in enabling infrastructure across the precinct, including road upgrades, utilities and community assets.

“This next phase of the Eynesbury masterplan aligns with our vision for creating a connected and sustainable community in Melbourne’s western growth corridor,” Kheir said.

Future stages of Eynesbury Village will introduce additional commercial space, conference facilities and expanded entertainment and community amenities.

These will build on previously delivered amenity, including the Eynesbury Golf Course, primary school and childcare centre, contributing to the township’s long-term social and economic development, the developer said.

“Eynesbury Village forms a key aspect of the wider Eynesbury masterplan, including plans for a luxury hotel and conference centre, world-class day spa, a network of public open spaces, walking trails, and mountain bike tracks designed by World Trail,” Resimax said.

Resimax settled on the 828ha Eynesbury site in 2020. The estate once formed part of a 5000ha property owned by the Baillieu family.