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Overview
This offering presents a substantial land parcel of approximately 9,455 square meters in Ravenhall, Victoria, ideal for commercial and industrial development. Positioned on a prime main road, the site benefits from high visibility and a wide street frontage, facilitating flexible use and access.
Strategically situated within the Melton City local government area, the land lies within an Industrial 3 zoning, which allows for diverse commercial uses. Excellent connectivity is a key advantage, with the Western Freeway within just over 3 kilometers, the Western Ring Road approximately 4.6 kilometers away, and Melbourne Airport roughly 20 kilometers distant, ensuring efficient transport links for business operations.
Fully serviced, this allotment is development ready, offering investors or owner-occupiers an attractive opportunity in a thriving commercial hub. Approved plans and permits are available, encompassing designs for 10 modern warehouses ranging from 272 to 480 square meters each, facilitating a wide range of potential uses from warehousing to light industrial activities.
- A fully serviced, prime commercial development site
- Generous land size of around 9,455 sqm with wide frontage
- Industrial 3 zoning providing flexibility for commercial/industrial purposes
- Strong transport connections to major freeways and Melbourne Airport
- Approved development plans available for multiple warehouse constructions
Settlement terms are negotiable, reflecting the property’s suitability for investors seeking a high-impact asset or businesses looking to establish a strategically located facility. Overall, the land offers a compelling foundation for commercial development amidst a growing industrial precinct, supporting both operational efficiency and future growth potential.
Local Market Insights
In Ravenhall, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $2,923,750. The property type mix of listed properties is predominantly Houses at 88%, followed by land (7%), and apartments (4%). Ray White was the most active agency in this area, representing 68.4% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Ravenhall VIC 3023
Market Insights for Ravenhall VIC 3023
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
