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45 Watsons Road, Sunbury VIC 3429

For Sale

Search Band Search Visibility Band

$12M - $13M Medium Confidence Calculated based on our search observations.

Land 4 Beds 22.31 acres

Listed: 43 days ago

Updated: 10 days ago

Overview

Situated within the gazetted Sunbury South Precinct Structure Plan (PSP), this expansive 9.03-hectare (approximately 22.3 acres) landholding at 45 Watsons Road, Sunbury, offers a rare opportunity for substantial development in Victoria's growth corridor.

The property benefits from a prominent double street frontage along Watsons Road and Buckland Way, providing excellent exposure and multiple access points. A significant portion of the land, approximately 6 hectares, is designated as a Credited Local Sports Reserve, which adds valuable community amenity and can be leveraged as part of the overall land offering.

Approximately 3 hectares of the site is allocated for residential development, positioning this holding as an appealing prospect for developers seeking to capitalize on Sunbury's expanding population and infrastructure investment.

Proximity to future commercial developments, a proposed government school site, and easy access to key transport routes such as the Calder Freeway and the Sunbury Metro Railway Line highlight the property's strategic value. The site is roughly 12 minutes from Bulla township and just 20 minutes from Melbourne Airport by road, facilitating convenient connections to Melbourne CBD within approximately 40 minutes.

The Sunbury Growth Corridor is one of Melbourne's largest government-endorsed regional growth areas with planned accommodation for up to 32,000 new dwellings and a population growth exceeding 90,000 residents. The region benefits from significant infrastructure contributions exceeding $800 million, including planned town centres, schools, and commercial spaces to support the growing community.

Adding to the appeal, the property includes a well-maintained four-bedroom dwelling, offering flexibility and a usable residence during the development process.

This site represents a strategic investment or development footprint for institutional buyers, developers, or investors looking to establish a significant position within this thriving growth corridor.

Local Market Insights

In Sunbury, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $407,500. The property type mix of listed properties is predominantly Houses at 90%, followed by units (5%), and townhouses (3%). The most active agency for land in the Sunbury area is currently APM Real Estate, representing 50% of new listings, followed by Your Property Agent with 50%. 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.