SOLD
Sold on 28 Jun 2024 for $16,000,000

1954-1956 Sydney Road
Campbellfield VIC 3061

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12942m2
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Property Details for 1954-1956 Sydney Rd, Campbellfield

Building Type
Commercial
Land Size
12942m2
Local Government
Hume
Lot/Plan
PC352914

Last Listing description (October 2023)

CBRE is pleased to offer for lease, 1954-1956 Sydney Road, Campbellfield, an exciting and incredibly rare opportunity within a premium Melbourne northern industrial precinct.

The property offers prominent street frontage along Sydney Road/Hume Highway, providing the unmatched visibility that is ideal for a corporate headquarters.


The site is located within immediate proximity to major arterials including Cooper Street and M80 Metropolitan Ring Road. The highly strategic location in Campbellfield provides excellent access through to Australia's Eastern Seaboard.

Property features include:
+ Total Building Area: 6,641sqm*
+ Modern two level corporate office/showroom: 2,181sqm*
+ Warehouse area: 4,460sqm*
+ Land Area: 12,942sqm*
+ Low site coverage 51%
+ Dual street frontages to Sydney Road and Merola Way
+ Ample natural light throughout the office/showroom area
+ Opportunity to develop 900sqm* awning at the rear

Location details:
+ Sydney Road/Hume Highway - immediate access
+ Cooper Street - 1km*
+ M80 Metropolitan Ring Road - 4km*
+ Melbourne Airport - 9.5km*
+ Melbourne CBD - 17km*

For further information please contact CBRE.

*Approx.

Property History for 1954-1956 Sydney Rd, Campbellfield, VIC 3061

A timeline of how this property has performed in the market
Last Sold
$16,000,000
28 Jun 2024
Listed for Rent
$1.00M/w
31 Oct 2023
  • 28 Jun 2024
    Sold for $16,000,000
  • 27 Oct 2023
    Listed for Sale Contact Agent
  • 27 Oct 2023
    Listed for Rent - Price not available
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About Campbellfield 3061

The size of Campbellfield is approximately 12.3 square kilometres. It has 9 parks covering nearly 7.3% of total area. The population of Campbellfield in 2011 was 5,466 people. By 2016 the population was 5,053 showing a population decline of 7.6% in the area during that time. The predominant age group in Campbellfield is 20-29 years. Households in Campbellfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Campbellfield work in a trades occupation. In 2011, 69.4% of the homes in Campbellfield were owner-occupied compared with 70.1% in 2016.

Campbellfield has 5,528 properties. Over the last 5 years, Houses in Campbellfield have seen a 6.97% increase in median value, while Units have seen a 1.66% increase. As at 31 October 2024:

  • The median value for Houses in Campbellfield is $544,572 while the median value for Units is $404,778.
  • Houses have a median rent of $515 while Units have a median rent of $390.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Campbellfield on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Campbellfield.

Suburb Insights for Campbellfield 3061

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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.