185 Leakes Road, Truganina, VIC 3029 sold on 27 December 2025 | OnTheHouse
SOLD
Sold on 27 Dec 2025 for $40,260,000

185 Leakes Road
Truganina VIC 3029

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 55392m2
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Property Details for 185 Leakes Rd, Truganina

Building Type
Land
Land Size
55392m2
Local Government
Wyndham
Lot/Plan
2/PS649919

Last Listing description (March 2026)

Reliance Commercial, serving as the exclusive selling agents, is delighted to present this remarkable opportunity to acquire 37 industrial lots of unparalleled scale in Melbourne's premier western industrial precinct.

Strategically positioned on Leakes Road within the dynamic and fast-expanding western corridor, this property offers developers, owner-occupiers, or investors a unique chance to capitalize on its exclusive offerings. Nearby, you'll find prominent entities such as Amazon's data center, Form 700, Kmart, Amart, Tesla, in addition to community hubs like Sapphire Square and the Mode Business Park developed by the Maximise Group.

Located at 185 Leakes Road, this property is ideally suited for top-performing industrial occupiers, storage operators, and logistics enterprises.

Property Highlights:
37 Industrial Lots out of which 12 SOLD and 3 Lots on HOLD.
Lot sizes ranging from 1,108 sqm to 2,258 sqm
Urban Growth Zone (Applied Industrial 3 Zone)
Planned service road on Leakes Road and rear access road connecting to Palmers Road

Development Opportunities:

Institutional-grade warehousing to take advantage of historically low vacancy rates
Possibilities for sports centers, gyms, swimming schools, Auto repair center etc. (subject to council approval)
Situated next to Mode Business Park West, where 180 warehouses were successfully sold before construction completion, this property is an exceptional investment.

Location Highlights:

Approximately 21 km from Melbourne CBD
Approximately 14 km from Port of Melbourne
Approximately 20 km from Melbourne Airport

Demographic and Economic Insights:

City of Wyndham's 2024 population: 334,180, projected to grow to 501,634 by 2041
Wyndham's GDP: $16.6 billion
110,531 local jobs
31,837 local businesses.

This offering represents a rare chance to secure a strategically located industrial property in one of Melbourne's most sought-after regions.
Please contact JD on 0423 664 786 or Rajesh on 0433 451 802 for any further information.

All dimensions are approximate.

Disclaimer: The Vendor, Agency, or Agent representative shall not be held responsible for any errors or misdescriptions that may appear. Prospective purchasers or lessees are advised to conduct their own measurements, check permits and council requirements, and perform necessary research and due diligence before entering into any agreements. No part of this material, including photos, may be copied, reproduced, or used without proper authorization.

Interested parties should complete their due diligence prior to making any submissions.

For more information, please refer to the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 185 Leakes Rd, Truganina, VIC 3029

A timeline of how this property has performed in the market
Last Sold
$40,260,000
27 Dec 2025
  • 19 Mar 2026
    Listed for Sale Contact Agent
  • 27 Dec 2025
    Sold for $40,260,000
  • 09 Feb 2024
    Sold for $22,715,000
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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 273 properties listed for sale, and 123 properties listed for rent in Truganina on OnTheHouse. According to Cotality's data, 1387 properties were sold in the past 12 months in Truganina.

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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.