SOLD
Sold on 20 Mar 2024 for $27,104,000

19 Key West Place
Derrimut VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 13383m2
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Property Details for 19 Key West Pl, Derrimut

Building Type
Land
Land Size
13383m2
Local Government
Brimbank
Lot/Plan
6/PS721222

Last Listing description (June 2021)

4 lot subdivision

- Lots can be purchased separately
- Total site area from 13,379 sqm to 59,552 sqm

- Abuts the Deer Park Bypass

Melbourne Commercial Group is excited to present 1, 7, 13 & 19 Key West Place, Derrimut. These lots provide an extraordinary opportunity for developers, owner occupiers & investors to secure land in arguably one of the Wests best Industrial precincts with easy access to the Deer Park Bypass, Princes Freeway and the Melbourne CBD. On offer are:

1 Key West Place, Derrimut (Lot 3)

- Total site area 15,109 sqm
- Street frontage 87 metres
- Offers exposure to Deer Park Bypass
- Level allotment

7 Key West Place, Derrimut (Lot 4)

- Total site area 15,164 sqm
- Street frontage 87 metres
- Offers exposure to Deer Park Bypass
- Level allotment

13 Key West Place, Derrimut (Lot 5)

- Total site area 15,900 sqm
- Street frontage 91.5 metres
- Town planning approved for a 8,658 sqm Office/Warehouse (Transfer Station)
- Offers exposure to Deer Park Bypass
- Level allotment

19 Key West Place, Derrimut (Lot 6)

- Total site area 13,379 sqm
- Street frontage 46 metres
- Offers exposure to Deer Park Bypass
- Level allotment

Location benefits:

14 kilometres from Port of Melbourne
16 kilometres from Tullamarine Airport
16 kilometres from CBD

Key highlights:

Roads and services completed
Signalised intersection entry at Robinsons Road
500 metres from Diamond interchange at Deer Park Bypass
Nearby fuel station and amenities
Industrial (IN1Z) 1 Zoned Land
No GST payable

The combined site area of the 4 lots is 59,552 sq metres.

Please contact the agents for further details:

Stephen Newsham 0411 554 677
Mario Ruberto 0418 376 185

Property History for 19 Key West Pl, Derrimut, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$27,104,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $27,104,000
  • 07 Jun 2021
    Sold for $7,098,644
  • 06 Nov 2020
    Listed for Sale Contact Agent
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About Derrimut 3026

The size of Derrimut is approximately 12.8 square kilometres. It has 15 parks covering nearly 15.8% of total area. The population of Derrimut in 2011 was 5,991 people. By 2016 the population was 8,268 showing a population growth of 38.0% in the area during that time. The predominant age group in Derrimut is 30-39 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation. In 2011, 77.3% of the homes in Derrimut were owner-occupied compared with 75.9% in 2016.

Derrimut has 3,612 properties. Over the last 5 years, Houses in Derrimut have seen a 15.51% increase in median value, while Units have seen a -1.27% decrease. As at 31 October 2024:

  • The median value for Houses in Derrimut is $774,010 while the median value for Units is $486,708.
  • Houses have a median rent of $560 while Units have a median rent of $398.
There are currently 16 properties listed for sale, and 15 properties listed for rent in Derrimut on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Derrimut.

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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.