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20 Penna Avenue, Sunshine North VIC 3020

$155,000 - $165,000

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$155k - $163k Transparent Transparent Listing Based on an openly advertised listing price.

Land 592 m²

Listed: 4th Aug 2026

Updated: 49 days ago

Overview

Set within a highly sought-after industrial precinct in Sunshine North, this 592 square metre vacant lot offers a prime commercial landholding for various business ventures. The site presents an excellent opportunity for owner-occupiers, developers and investors seeking a foothold in Melbourne's western industrial corridor.

With strategic positioning just moments from the Western Ring Road (M80) and arterial routes, this land benefits from outstanding connectivity to Melbourne Airport, the Port of Melbourne, and the CBD. This facilitates efficient logistics and operational convenience for businesses in multiple sectors requiring industrial or commercial facilities.

The property offers considerable flexibility for constructing tailored warehouses, offices, or industrial facilities suited to specific business requirements. As a vacant allotment in an established industrial estate surrounded by thriving businesses, this site addresses the increasing demand and limited supply of premium industrial land in the area.

Being currently un-serviced, with no existing roads, electricity, sewerage, or water, the site provides a blank canvas for bespoke development to meet modern operational and investment needs.

This opportunity is particularly appealing to businesses looking to establish or expand their presence within one of Melbourne's fastest growing industrial regions, as well as to developers and investors aiming to capitalise on long-term growth prospects.

Local Market Insights

In Sunshine North, Quiet Listings observed 5 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $946,000. The property type mix of listed properties is predominantly Houses at 57%, followed by townhouses (17%), and units (12%). The most active agency for land in the Sunshine North area is currently Harcourts, representing 20% of new listings, followed by OBrien Real Estate with 20%. 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.