16/20 Prosperity Street, Truganina, VIC 3029 | Property Value & History | OnTheHouse
OFF MARKET

16/20 Prosperity Street
Truganina VIC 3029

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 91m2
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Property Details for 16/20 Prosperity St, Truganina

Building Type
Commercial
Land Size
91m2
Local Government
Wyndham
Lot/Plan
16/PS812085

Last Listing description (February 2025)

ITS ADDRESSED
Area Specialist Wyndham City by Jake Wang and team is proud to present an exceptional opportunity to lease a premium warehouse in Truganina rapidly growing western residential and industrial precinct. Key features of this property include:

Prime Location: Convenient access from Leakes Road and Palmers Road, with proximity to major freeways for seamless connectivity.

Street Exposure: Positioned on Prosperity Street, offering direct street frontage for maximum visibility and business prominence.
Office Potential: This property has the potential to be transformed into office spaces and renovated for a second storey, providing an opportunity to add value and increase usable space.
Strategic Positioning: Located between Palmers Gateway Commercial Hub and other industrial offerings, enhancing the propertys location prominence and exposure.
Potential for Development: Opportunity to transform the property into a valuable double-storey space, subject to council approval, adding long-term value.
Kitchenette Area: Includes a convenient kitchenette area, ideal for staff use and adding functionality to the workspace.
Close to Major Hubs: Just a 5-minute drive from the Western Freeway on-ramp, with convenient access to Williams Landing, Tarneit, the Ring Road, Princes Highway, and Westgate Freeway.
Business Growth Potential: Ideal for businesses seeking a location that offers growth opportunities in a booming industrial area.
Accessibility Features: Includes one toilet with disability accessibility, ensuring compliance with accessibility requirements and convenience for all.

This is an excellent opportunity for businesses looking to position themselves in a booming industrial hub. Interested parties are encouraged to conduct their due diligence before making any decisions on this exceptional property.

Don't miss the opportunity to own this exceptional warehouse/office in one of Truganina's most desirable locations. Contact Jake at 0488 889 158 or Wendy at 0411 038 508 without delay to arrange a viewing and secure this outstanding property for yourself.

Our signs are everywhere
For more Commercial Real Estate in Truganina, contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 16/20 Prosperity St, Truganina, VIC 3029

A timeline of how this property has performed in the market
Last Sold
$550,167
21 Jan 2025
Listed for Rent
22 Oct 2021
  • 04 Feb 2025
    Listed for Sale Contact Agent
  • 21 Jan 2025
    Sold for $550,167
  • 16 Oct 2024
    Listed for Sale Contact Agent
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About Truganina 3029

The size of Truganina is approximately 64.6 square kilometres. There are 37 parks, covering nearly 2.1% of the total area. The population of Truganina in 2016 was 20687 people. By 2021 the population was 36305 showing a population growth of 75.5% in the area during that time. The predominant age group in Truganina is 30-39 years. Households in Truganina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Truganina work in a professional occupation.In 2021, 65.90% of the homes in Truganina were owner-occupied compared with 66.80% in 2016.

Truganina has 24,220 properties. Over the last 5 years, Houses in Truganina have seen a 10.52% increase in median value, while Units have seen a 26.69% increase. As at 31 July 2026:

  • The median value for Houses in Truganina is $704,874 while the median value for Units is $545,647.
  • Houses have a median rent of $530 while Units have a median rent of $480.
There are currently 277 properties listed for sale, and 132 properties listed for rent in Truganina on OnTheHouse. According to Cotality's data, 1377 properties were sold in the past 12 months in Truganina.

Suburb Insights for Truganina 3029

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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.