251-253 Rex RoadCampbellfield VIC 3061
Property Details for 251-253 Rex Rd, Campbellfield
Last Listing description (August 2022)
CBRE is pleased to exclusively offer 251-253 Rex Road, Campbellfield, for Private Sale.
Situated within the heart of Campbellfield's core industrial market, 251-253 Rex Road offers a significant development opportunity primed for development to cater to your growing business, or next industrial business park.
The subject property is situated within immediate proximity to key major road arterials such as the Hume Highway/Freeway, Cooper Street, M80 Metropolitan Ring Road and Tullamarine Freeway.
Now is the time to take advantage of a rare large scale land acquisition opportunity in one of Victoria's most land constrained and established industrial suburbs.
Key Property Feature's Include:
+ Land area: 18,076sqm*
+ Industrial 1 Zone (IN1Z)
+ Endorsed plans and permits for six (6) warehouse development
+ Short-term gross holding income of $231,537 per annum + GST with future redevelopment opportunity (STCA)
+ Destination precinct for high-quality corporate tenants
+ Underpinned by strong tenant demand
Please contact the exclusive selling agents, CBRE for further information regarding 251-253 Rex Road, Campbellfield.
*approx.
Property History for 251-253 Rex Rd, Campbellfield, VIC 3061
- 14 Oct 2025Sold for $12,000,000
- 06 Apr 2022Listed for Sale Contact Agent
- 06 Dec 2019Listed for Rent $33,000 / year
Recent sales nearby
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About Campbellfield 3061
The size of Campbellfield is approximately 12.3 square kilometres. It has 9 parks covering nearly 7.3% of total area. The population of Campbellfield in 2016 was 5056 people. By 2021 the population was 4977 showing a population decline of 1.6% in the area during that time. The predominant age group in Campbellfield is 20-29 years. Households in Campbellfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Campbellfield work in a trades occupation.In 2021, 69.60% of the homes in Campbellfield were owner-occupied compared with 70.10% in 2016.
Campbellfield has 5,800 properties. Over the last 5 years, Houses in Campbellfield have seen a 31.61% increase in median value, while Units have seen a 25.56% increase. As at 30 November 2025:
- The median value for Houses in Campbellfield is $637,050 while the median value for Units is $481,493.
- Houses have a median rent of $530 while Units have a median rent of $420.
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