FOR SALE

47-49 Westwood Drive
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1620m2
Land area: 11700m2
This property is currently on the market
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Property Details for 47-49 Westwood Dr, Ravenhall

Building Type
Land
Floor Size
1620m2
Land Size
11700m2
Local Government
Melton
Lot/Plan
15/PS346530

Last Listing description (October 2023)

High Exposure site - DEVELOP OR OCCUPY

We are thrilled to present an exclusive opportunity brought to you by The Agents Commercial. For the very first time, we introduce 47-49 Westwood Dr, Ravenhall, available for sale through expressions of interest.

This prime corner site, connected to Westwood Drive, holds a strategic location at Ravenhall's busiest intersection.

You have two enticing options: either subdivide and develop multiple warehouses (subject to council approval), or acquire the property with the existing truck wash shed.

Situated amidst a vibrant commercial precinct, the site benefits from the ongoing development of new residential areas in the surrounding suburbs of Caroline Springs, Deer Park, Derrimut, and Truganina.

Key features of the site include:

Option 1 : Site area: 3,843sqm*
Option 2 : Site Area: 5,400sqm*
Option 3 : Site Area : 11,700sqm*

Convenient access via Fuller Road
Zoned as Industrial 3, allowing for diverse applications
Unparalleled corner position, maximizing exposure
Main road location, easy access to Western Hwy & Ring Road
Suitable for a wide range of commercial and industrial purposes (subject to council approval)

To learn more about this exceptional opportunity, please reach out to to exclusive agents Sam at 0412 387 358 or Swarit at 0410 566 196 today!

Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Interested parties should conduct their due diligence prior to making any submissions.
*(approx)

Property History for 47-49 Westwood Dr, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Transferred
01 Jan 2003
  • 06 Jun 2023
    Listed for Sale Contact Agent
  • 14 Jul 2011
    Listed for Sale Not Disclosed
  • 01 Jan 2003
    Transferred

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About Ravenhall 3023

The size of Ravenhall is approximately 13.6 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Ravenhall in 2011 was 688 people. By 2016 the population was 1,162 showing a population growth of 68.9% in the area during that time. The predominant age group in Ravenhall is 20-29 years. Households in Ravenhall are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ravenhall work in a trades occupation. In 2006, 25% of the homes in Ravenhall were owner-occupied compared with 74.4% in 2011.

Ravenhall has 1,321 properties. Over the last 5 years, Houses in Ravenhall have seen a 140.54% increase in median value, while Units have seen a 42.71% increase. As at 30 November 2024:

  • The median value for Houses in Ravenhall is $768,924 while the median value for Units is $598,188.
There are currently 7 properties listed for sale, and 14 properties listed for rent in Ravenhall on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Ravenhall.

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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.