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43 Westmoreland Road, Sunshine North, Vic 3020 For Sale

43 Westmoreland Road, Sunshine North, Vic 3020

$700,000 - $750,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
627 mΒ²
Area

Published on Friday, August 07, 2026 ( See property details for 43 Westmoreland Road, Sunshine North, Vic 3020)

$700,000 - $750,000

Dean Larti - Real Estate Agent - Bells Real Estate - Sunshine
Dean Larti Senior Sales Executive/ Auctioneer
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Auction Saturday 5 September at 11:00 am | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development site in Sunshine North offering immediate income, excellent redevelopment potential, and prime location proximity to key amenities.

🏑 Property Highlights

  • Premium development site in Sunshine North's tightly held GRZ1 zone
  • Approximately 627sqm land with 15.48m frontage and 39.62m depth
  • Existing well-maintained home leased at $460 per week
  • Outstanding scope for multi-townhouse or multi-level development (STCA)
  • Close to Victoria University, Sunshine town centre, and Sunshine Train Station
  • Strong long-term growth and high buyer demand in the area

✨ Key Features

  • Garage
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Internal Laundry
  • Floorboards
  • Pet-Friendly
  • Ensuite
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43 Westmoreland Road
Sunshine North, VIC 3020
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Vertical aerial view β€” 43 Westmoreland Road
43 Westmoreland Road — Vertical Aerial  •  Sunshine North, VIC 3020  •  Nearmap © 2026

Sunshine North is a rapidly growing suburb renowned for its strong community vibe, excellent transport links, and proximity to educational institutions. It offers a mix of established homes and future development opportunities, making it ideal for investors and developers alike. The area boasts vibrant local amenities, parklands, and easy access to Melbourne’s CBD. With ongoing infrastructure improvements, Sunshine North continues to attract high demand and long-term growth prospects.

What is the current condition of the existing home on the property?
The existing home is neat, well-maintained, and currently leased, providing an immediate income stream.
What are the future development possibilities for this site?
The property offers outstanding scope for multi-townhouse or multi-level residential development, subject to council approval (STCA).
How close is the property to local amenities and transport?
The property is conveniently located near Victoria University, Sunshine town centre, Sunshine Train Station, and local parklands.
Is there an existing income from the property?
Yes, the current lease generates $460 per week, providing a strong holding income.
Are there any restrictions or zoning considerations for redevelopment?
The property is situated in the highly sought-after Residential Growth Zone 1 (GRZ1), allowing for various development options subject to planning approval.
Are there any planning or zoning restrictions that could impact redevelopment plans? What are the potential costs associated with subdivision or multi-level development? Are there any easements, covenants, or restrictions on the land? Has the property been tested for environmental issues or contamination? Are there any upcoming infrastructure projects or planning proposals in the area that could affect value? What are the strata or council requirements for future development? Is there any history of flooding or bushfire risk in this location? Are there any hidden costs associated with the existing lease or property condition? What are the local council’s policies regarding multi-unit developments in this zone? Are there any nearby construction activities or planned developments that could impact the property?

43 Westmoreland Road, Sunshine North, Vic 3020 - More Details

$700,000 - $750,000

Secure a premium development site in one of Sunshine North's most tightly held pockets, offering exceptional future potential in the highly sought-after Residential Growth Zone 1 (GRZ1). Ideally positioned just moments from Victoria University, Sunshine's vibrant town centre, Sunshine Train Station, quality schools, parklands and public transport, this is a rare opportunity in one of Melbourne's fastest-growing precincts.
Set on approximately 627sqm with an impressive 15.48m frontage and 39.62m depth, the property provides outstanding scope for a multi-townhouse or multi-level residential development (STCA).

Adding to its appeal, the existing home is neat, well-maintained and currently leased at $460 per week, providing an immediate income stream while you finalise plans, secure permits or simply land bank for the future. The home comprises of 3 great-sized bedrooms, central bathroom, separate living room, well maintained kitchen and a single car garage.
Whether you're a developer, investor or astute land banker, this is a chance to acquire a blue-chip site that combines strong holding income with outstanding long-term redevelopment potential in a location continuing to experience significant growth and buyer demand.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
627 mΒ²

Price guide

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Auctions

  • 43 Westmoreland Road, Sunshine North, Vic 3020

    Saturday 5 September
    11:00 am
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