14-16 Westwood Drive, Ravenhall, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

14-16 Westwood Drive
Ravenhall VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 1800m2
Land area: 5177m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 14-16 Westwood Dr, Ravenhall

Building Type
Commercial
Year Built
1999
Floor Size
1800m2
Land Size
5177m2
Local Government
Melton
Lot/Plan
37/PS403460

Last Listing description (May 2020)

***Price and Rental Now Reduced***

CBRE is pleased to offer, for sale or lease, an excellent food processing facility located at 14 Westwood Drive, Ravenhall.


The offering forms part of a thriving industrial precinct in Melbourne's west, which is fast becoming the industrial & logistics capital of Australia, due largely to the area's proximity to key infrastructure.

14 Westwood Drive lies approximately 19km* from Melbourne's CBD & 15km from the Port of Melbourne.

The property provides a purpose built food processing facility with designated cold storage areas, manufacturing space and allocation for dry store, the premises has been used to supply Woolworths, Coles and Aldi and meets their QA requirements.

The calibre of this offering is enhanced by its corner site location, allowing for dual access and 145m* of main road exposure. The logistic attributes of the site are further improved by the substantial hardstand at the front of the property and canopied space.

Westwood Drive is a major arterial road in the west with direct access to greater Melbourne via the Western Freeway on-ramp, which lies a mere 2.5kmsto the south of the property, with on-flows to the Western Ring Road & Princess Freeway.

Highlights include:
Total building area: 1,837sqm*
Total land area: 5,177sqm*
4x cool rooms
1x freezer
Additional freezer space available up to 120-150 pallets, subject to negotiation
Transformer on title
Stainless steel pipes & drainage
Large hardstand
Main road exposure
Two canopies
Dual access
Office space with amenities
Secure off-street parking
Flexible terms available, favourable leasing terms
Sub-leasing available, please enquire for more details

*approx.

Property History for 14-16 Westwood Dr, Ravenhall, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$3,300,000
15 Dec 2017
Listed for Rent
$249k/w
14 May 2020
  • 15 Dec 2017
    Sold for $3,300,000
  • 18 Oct 2017
    Listed for Sale Not Disclosed
  • 18 Oct 2017
    Listed for Rent - Price not available
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About Ravenhall 3023

The size of Ravenhall is approximately 13.6 square kilometres. There are 6 parks, covering nearly 8.5% of the total area. The population of Ravenhall in 2016 was 1157 people. By 2021 the population was 2295 showing a population growth of 98.4% in the area during that time. The predominant age group in Ravenhall is 30-39 years. Households in Ravenhall are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ravenhall work in a sales workers occupation.In 2021, 100.00% of the homes in Ravenhall were owner-occupied compared with 75.00% in 2016.

Ravenhall has 1,351 properties. Over the last 5 years, Houses in Ravenhall have seen a 140.54% increase in median value, while Units have seen a 42.71% increase. As at 31 July 2026:

  • The median value for Houses in Ravenhall is $834,332 while the median value for Units is $666,187.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Ravenhall on OnTheHouse. According to Cotality's data, 35 properties were sold in the past 12 months in Ravenhall.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.