Developer CountryLand Australia, led by CEO and former Wyndham City Councillor Intaj Khan, has successfully sold half of its Rockbank North Major Town Centre site to a local developer in a landmark deal valued at more than $22 million.

Mr Khan negotiated the transaction with the assistance of property agency CBRE, following a previous sale campaign in early 2024 that sought to sell the entire landholding at 886–940 Beattys Road, Aintree, spanning 24.6 hectares.

In a strategic turn, Mr Khan has secured an ASX-listed food retailer who will deliver the future town centre development.

Mr Khan will retain the northern 12.3-hectare portion of the land and will now progress plans for a $400 million mixed-use residential and commercial development to complement the town centre.

“It is great to be able to have the town centre realised for the local community, which is in need of another major retail centre to support the growing population here — along with the future residents expected from the Melton East PSP,” Mr Khan said.

“Retaining the northern part of the land will enable me to realise my vision through a complementary development.”

Mr Khan added, “My vision for Melbourne's West remains strong. I am heavily invested in this region because I truly believe the West is the best place for investors. When I first purchased this land for $16 million, few could see its potential — today, it has generated sales exceeding $50 million. I encourage others to look closely at the opportunities the West offers.”

CountryLand Australia continues to back the region's growth, with plans underway for a new 450-lot residential development in the Rockbank area.

The landholding which has been sold forms part of the approved Rockbank North Precinct Structure Plan, which envisions a vibrant mixed-use urban hub featuring retail, dining, entertainment, and civic spaces.

The Town Centre site adjoins Mirvac's Woodlea Estate, a 711-hectare masterplanned community home to around 20,000 residents. Other major developers in the area, including Villawood, Resi Ventures, Golden Age, Oliver Hume, CountryLand Australia (Rockbank Waters), and 3L Alliance are driving sustained growth across the corridor.

Aintree and the wider Rockbank region have a population growth forecast of 11.4% per year to 2026, making it one of Australia's fastest-growing urban areas. Aintree's median house price of $762,000 already surpasses those of neighbouring suburbs such as Rockbank, Fraser Rise, and Caroline Springs.

David Minty and Trent Hobart of CBRE assisted Mr Khan and CountryLand Australia with the sale.