Vacant industrial site in Melbourne’s inner west offering rare opportunity for buyers

The property at 40 Bunnett Street in Sunshine North consists of a 7,751sq m site that is clear and level.

Located just 14 kilometres west of the Melbourne CBD and just off Berkshire Road, it is close to major arterials, providing easy access to other parts of Melbourne.

The property is being taken to the market via an Expressions of Interest campaign run by Knight Frank agents Steve Jones, Andrew Gallucci and Joel Davy.

Mr Gallucci said the Sunshine North site was in a tightly-held industrial pocket seeing significant development growth.

“The property, which is also just 14 kilometres form the Melbourne Airport and 10 kilometres west of the Port of Melbourne, is in one of the most well-connected industrial precincts in Melbourne’s inner west,” he said.

“It will also benefit from upcoming infrastructure, with the expansion of the West Gate tunnel project and Dohertys Road upgrade.

“Offering immediate development potential, the site will appeal to a variety of investors, developers and owner occupiers looking to establish themselves in this rare inner western location.”

Mr Davy said the site offered an exciting land opportunity in Melbourne’s inner west.

“40 Bunnett Street not only offers a blank slate for buyers, with a multitude of development options, but it is also in a great location, with easy access to the north and west of Melbourne.

“It is in close proximity to the Sunshine Avenue diamond exchange allowing access onto the West Ring Road, which in turn provides direct access onto the balance of Melbourne’s impressive freeway network.

“With limited land supply in Sunshine, we expect strong demand for this site, and early enquiry from the campaign has demonstrated this is the case.”

The Expressions of Interest campaign for the property will close at 3pm on Tuesday, June 3.

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