Property Details for 90 Castro Way, Derrimut
Last Listing description (July 2023)
SERVICED INDUSTRIAL 1 | DEVELOPMENT OPPORTUNITY
CBRE is delighted to present 90 Castro Way, Derrimut, for sale.
Located within the Paramount Industrial Estate, a prime industrial location in Melbourne's western corridor.
The location offers excellent access to Melbourne's key infrastructure including the Port of Melbourne(12km*), Melbourne CBD (16km*) and Melbourne Airport (15km*).
The transportation advantages are coupled with the proximity of the site to local amenities including Derrimut Village and Deer Park Train Station.
Key property highlights include:
+ Total site area: 44,528sqm*
+ Industrial 1 Zone
+ Titled, serviced to be delivered benched as per current planning permit ready for development
+ Significant development potential
+ Current planning permit for 29 warehouses and 8 office units
+ Due diligence pack available by request
For further information or to request a copy of the Information Memorandum, please our CBRE team.
*Approx
Property History for 90 Castro Way, Derrimut, VIC 3026
- 17 Jun 2022Listed for Sale Contact Agent
- 20 Mar 2019Sold - Price Undisclosed
- 03 Nov 2017Listed for Sale Not Disclosed
Recent sales nearby
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About Derrimut 3026
The size of Derrimut is approximately 12.8 square kilometres. There are 15 parks, covering nearly 15.8% of the total area. The population of Derrimut in 2016 was 8269 people. By 2021 the population was 8651 showing a population growth of 4.6% in the area during that time. The predominant age group in Derrimut is 0-9 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation.In 2021, 75.90% of the homes in Derrimut were owner-occupied compared with 75.90% in 2016.
Derrimut has 3,649 properties. Over the last 5 years, Houses in Derrimut have seen a 14.43% increase in median value, while Units have seen a 8.45% increase. As at 31 May 2026:
- The median value for Houses in Derrimut is $840,484 while the median value for Units is $529,879.
- Houses have a median rent of $600 while Units have a median rent of $398.
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