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63 Gunns Gully Road, Mickleham VIC 3064

EOI

Land 30 acres

Listed: 10 days ago

Updated: 2 hours ago

Overview

This substantial landholding of approximately 12.14 hectares is strategically positioned within the Merrifield North employment planning area in Mickleham, an emerging future industrial and employment corridor in Melbourne.

Its prime location on Gunns Gully Road offers excellent access to major transport routes including the Hume Freeway and M80, facilitating efficient connectivity for logistics and industrial activities. The land's significant frontage and proximity to established developments enhance its appeal for long-term strategic investment.

The site is identified within a draft Precinct Structure Plan (PSP) expected to be completed by 2028/2029, which anticipates a strong focus on industrial, logistics, commercial, and employment uses. This positions the property as a key opportunity for developers, institutional investors, and land bankers seeking exposure in one of Melbourne's primary growth corridors, especially given the tightening industrial land supply.

Approximately 12.14 hectares total land area, with about 11.33 hectares of net developable area according to the draft land use budget.
Located within the future employment precinct of Merrifield North to support a variety of industrial and commercial activities.
Close proximity to key transport infrastructure including the Hume Freeway, Outer Metropolitan Ring Road on-ramp, and Beveridge Intermodal facility.
Close to existing Merrifield developments, contributing to anticipated area growth and infrastructure.

This offering suits entities focused on industrial development, large-scale employment precincts, or strategic land banking, presenting an exceptional foothold in a market facing increasing scarcity of accessible industrial land.

Prospective purchasers are advised that final development potential and permitted uses remain subject to the final PSP, relevant authorities, and approvals. Diligent assessment and due professional advice are recommended prior to acquisition.

Local Market Insights

In Mickleham, Quiet Listings observed 33 new parcels of land entering the market over the last 30 days, down from 35 during the previous 30-day period, with an average advertised asking price of $1,224,376. The property type mix of listed properties is predominantly Houses at 76%, followed by land (16%), and townhouses (4%). The most active agency for land in the Mickleham area is currently Matilda Donnybrook, representing 67% of new listings. 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.