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Overview
This expansive industrial land site in Ardeer, Victoria, offers a significant development opportunity totaling approximately 20,920 square meters under IN3Z zoning. Its substantial size and strategic location near major infrastructure make it an ideal canvas for sizable industrial facilities or multi-unit developments, subject to council approval.
Positioned with a commanding 106-meter frontage to the Western Ring Road, this site enjoys excellent exposure and accessibility, just 3 kilometers from the Sunshine CBD and about 15 kilometers from Melbourne’s central business district. Such proximity to major transport networks supports efficient logistics and connectivity to surrounding commercial hubs.
- The IN3Z zoning allows for diverse industrial uses, providing flexibility to tailor developments to specific business needs.
- Its vicinity to ongoing projects like Costco's new store and petrol station, and the proposed Sunshine Energy Park, indicates vibrant local growth with added recreational draws in the form of a large urban parkland.
- Flexible transaction terms are available, including a 12-month settlement period or leaseback options, making it suitable for investors or developers seeking tailored acquisition strategies.
This site is particularly suited to investors or developers looking for a well-positioned industrial land parcel to capitalize on Melbourne’s western growth corridor. Its size and exposure could also attract businesses requiring extensive operational or warehouse space with direct access to major roadways.
Overall, 40 Reid Street represents a rare industrial development potential with strong connectivity, sizeable landholding, and adaptive terms, positioning it well for various commercial and logistical enterprises in a thriving metropolitan precinct.
Local Market Insights
In Melbourne - West, Quiet Listings observed 110 new parcels of land entering the market over the last 30 days, down from 117 during the previous 30-day period, with an average advertised asking price of $1,336,266. The property type mix of listed properties is predominantly Houses at 72%, followed by land (9%), and townhouses (8%). Ray White was the most active agency in this area, representing 39.3% 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
Ardeer VIC 3022
Market Insights for Ardeer VIC 3022
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.
