SOLD
Sold on 21 Dec 2023 for $18,150,000

270 Hume Highway
Craigieburn VIC 3064

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 19440m2
Land area: 19480m2
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Property Details for 270 Hume Hwy, Craigieburn

Building Type
Land
Floor Size
19440m2
Land Size
19480m2
Local Government
Hume
Lot/Plan
1/TP98426

Last Listing description (August 2024)

CBRE is pleased to exclusively offer For Sale, 270 Hume Highway, Craigieburn via Expressions of Interest closing Thursday 19th September 2024 at 4pm (AEST). The opportunity presents a rare main road industrial development site that can be activated for office/warehouse-built form (STCA) or utilised as an expansive storage and distribution yard. The site is situated within immediate proximity to major arterial roads, providing excellent connectivity throughout Victoria, as well as servicing Australias Eastern Seaboard. Key Property Details+ Existing site shed: 821sqm* + Total site area: 19,440sqm*+ 82m* frontage to the Hume Highway+ Mostly regular shaped allotment + Two (2) crossovers from the Hume Highway + Industrial 3 Zone (IN3Z)Location Details+ 22km* to Melbourne CBD+ 23km* to Port of Melbourne+ 11km* to Melbourne Airport+ 0km* to Hume Highway+ 5km* to Hume Freeway+ 8.5km* to M80 Ring Road+ Exceptional connectivity to the Eastern SeaboardPlease contact the exclusive sale agents at CBRE to arrange an inspection or if you require any additional information regarding this exciting acquisition opportunity.*Approx.

Property History for 270 Hume Hwy, Craigieburn, VIC 3064

A timeline of how this property has performed in the market
Last Sold
$18,150,000
21 Dec 2023
  • 19 Aug 2024
    Listed for Sale Contact Agent
  • 21 Dec 2023
    Sold for $18,150,000
  • 04 Sep 2023
    Listed for Sale Contact Agent
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About Craigieburn 3064

The size of Craigieburn is approximately 35.5 square kilometres. It has 100 parks covering nearly 10.4% of total area. The population of Craigieburn in 2011 was 32,756 people. By 2016 the population was 50,364 showing a population growth of 53.8% in the area during that time. The predominant age group in Craigieburn is 30-39 years. Households in Craigieburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Craigieburn work in a trades occupation. In 2011, 78.8% of the homes in Craigieburn were owner-occupied compared with 69.4% in 2016.

Craigieburn has 25,771 properties. Over the last 5 years, Houses in Craigieburn have seen a 33.34% increase in median value, while Units have seen a 20.33% increase. As at 31 July 2024:

  • The median value for Houses in Craigieburn is $692,279 while the median value for Units is $453,977.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 139 properties listed for sale, and 58 properties listed for rent in Craigieburn on OnTheHouse. According to CoreLogic's data, 1071 properties were sold in the past 12 months in Craigieburn.

Suburb Insights for Craigieburn 3064

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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.