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58-60 Penna Ave 0.29 Acres of Industrial Land Offered at $313,742 in Sunshine North, VIC 3020
Investment Highlights
- Industrial 3 Zoning offering a wide range of permissible industrial and commercial activities.
- Well-connected location supporting distribution, manufacturing, and logistics functions.
- Strategic access to major arterials including Western Ring Road, West Gate Freeway, and Ballarat Road.
- Situated within an established industrial hub with proximity to ports and Melbourne Airport.
Executive Summary
An outstanding opportunity exists to secure two Industrial 3 Zone land parcels in Sunshine North, one of Melbourne’s established industrial precincts with strong long-term growth prospects. Perfect for investors and owner-occupiers, these blocks offer flexibility for custom development and a broad spectrum of industrial uses, including warehousing, logistics, and light manufacturing.
The site is strategically located with excellent proximity to major transport corridors such as the Western Ring Road, West Gate Freeway, and Ballarat Road, providing seamless distribution and operational connectivity. Sunshine North’s position within Melbourne’s western industrial hub ensures businesses benefit from robust infrastructure, accessibility to the Port of Melbourne, and convenient links to Melbourne Airport.
With its zoning versatility and central placement within a thriving industrial corridor, this property offers scalability and development potential for those seeking a solid long-term investment or operational base.
The site is strategically located with excellent proximity to major transport corridors such as the Western Ring Road, West Gate Freeway, and Ballarat Road, providing seamless distribution and operational connectivity. Sunshine North’s position within Melbourne’s western industrial hub ensures businesses benefit from robust infrastructure, accessibility to the Port of Melbourne, and convenient links to Melbourne Airport.
With its zoning versatility and central placement within a thriving industrial corridor, this property offers scalability and development potential for those seeking a solid long-term investment or operational base.
Property Facts
| Price | $313,742 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 0.29 AC |
| Price | $313,742 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 0.29 AC |
1 Lot Available
Lot
| Price | $313,742 | Lot Size | 0.29 AC |
| Price Per AC | $1,098,328.71 |
| Price | $313,742 |
| Price Per AC | $1,098,328.71 |
| Lot Size | 0.29 AC |
Two adjoining Industrial 3 Zone land parcels in Sunshine North offering versatile development potential and excellent connectivity to major arterials and transport networks.
Description
58–60 Penna Avenue comprises two adjoining land allotments within Sunshine North, a key industrial suburb in Melbourne’s western region. The precinct primarily accommodates light manufacturing, warehousing, transport, and logistics facilities.
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58-60 Penna Ave
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