EXPANSIVE SUNSHINE ACTIVITY CENTRE DEVELOPMENT SITE

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20-22 Watt Street, Sunshine VIC 3020

Expressions Of Interest

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$1.6M - $1.7M Medium Confidence Calculated based on our search observations.

Land 776 m²

Listed: 28 days ago

Updated: 18 hours ago

Overview

This expansive development site in Sunshine presents a rare opportunity to invest in a substantial landholding within the heart of one of Melbourne’s fastest-growing metropolitan centres. Spanning 776 square metres, the site’s generous size and significant 28.5-metre frontage provide a versatile canvas for a range of development possibilities under the Activity Centre Zone (ACZ1).

Located within Sunshine’s Core Commercial Area — widely regarded as the evolving 'CBD of the West' — this land parcel boasts strategic proximity to prominent amenities including Sunshine Marketplace, Hampshire Road retail precinct, and Sunshine Train Station. The nearby Sunshine Transport Super-Hub further enhances accessibility, offering a key infrastructural advantage with its integration into the future Melbourne Airport Rail Link and projected train traffic of over 1,000 services daily.

The substantial zoning allows for diverse uses such as high-density residential or commercial developments, retail, medical facilities, childcare centres, and social infrastructure, subject to council approval. Well-connected by major arterials like Sunshine Road, Ballarat Road, the Western Ring Road, and West Gate Freeway, the site situates itself as an ideal choice for developers and investors seeking a viable foothold in a dynamic commercial precinct.

776sqm site across two titles with expansive street frontage
Located in the thriving Sunshine commercial precinct with diverse development options
Ultra-convenient access to retail hubs, transport links, and major roads
Opportunity to capitalize on significant public infrastructure investments and regional growth

Suitable for developers looking to capitalize on Sunshine’s growth trajectory and emerging urban vibrancy, this property offers a blank canvas to create high-impact projects.

Local Market Insights

In Sunshine, 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 area is currently Ray White, representing 20% of new listings, followed by Harcourts 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.