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38 Wallace Avenue
Point Cook VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2094m2
Land area: 2094m2
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A Rare Development Site in Melbourne's Thriving West!

Prepare to be captivated - a prime slice of land has hit the market in one of Melbourne's thriving western suburbs, nestled within Wallace Avenue's bustling business estate. This isn't your average property; it's a strategic corner haven, offering over 35 meters* of premium exposure and endless signage possibilities.
Spread across 2,100 sqm* with an industrial 3 zoning, envision bold plans for a multi-level commercial masterpiece or secure a sought-after spot for owner-occupiers.
Why here? With a direct ramp to Palmers Road, effortless access to key arterial awaits, whisking you to Princes Freeway and the M1 in a heartbeat. Train commuters, rejoice! Williams Landing railway station is a mere 400 m* away, ensuring a quicker journey to central Melbourne than most inner-city trams.
Key Highlights:
2,094 sqm* land area.
Industrial 3 zoning for limitless possibilities.
Over 35 meters* of striking frontage.
Prime intersection location at Princes Freeway and Palmers Road.
Convenient proximity to Williams Landing railway station (400 m*).
Retail therapy at Williams Landing Shopping Centre (760 m*).
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Property Details for 38 Wallace Ave, Point Cook

Building Type
Commercial
Floor Size
2094m2
Land Size
2094m2

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About Point Cook 3030

The size of Point Cook is approximately 38.9 square kilometres. It has 97 parks covering nearly 27.7% of total area. The population of Point Cook in 2011 was 32,413 people. By 2016 the population was 49,942 showing a population growth of 54.1% in the area during that time. The predominant age group in Point Cook is 30-39 years. Households in Point Cook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Cook work in a professional occupation. In 2011, 73.6% of the homes in Point Cook were owner-occupied compared with 67.4% in 2016.

Point Cook has 26,973 properties. Over the last 5 years, Houses in Point Cook have seen a 23.90% increase in median value, while Units have seen a 25.81% increase. As at 31 October 2024:

  • The median value for Houses in Point Cook is $817,569 while the median value for Units is $580,642.
  • Houses have a median rent of $560 while Units have a median rent of $510.
There are currently 273 properties listed for sale, and 83 properties listed for rent in Point cook on OnTheHouse. According to CoreLogic's data, 1299 properties were sold in the past 12 months in Point cook.

Suburb Insights for Point Cook 3030

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Amar Thakkar
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Mark Srivastava
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Ray White Point Cook
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.