Colliers are excited to exclusively present 1/221-223 Mickleham Road, Westmeadows for sale.
Offered to the market for the first time in over 24 years, this asset presents a rare opportunity to secure a significant land holding with fantastic exposure to Mickleham Road. The site offers flexibility for a savvy investor or an occupier to re-purpose, re-position or value-add (STCA).
The site boasts an array of features including:
- Total building area: 733sqm*
- Food preparation area 288sqm*
- Indoor dining area: 445sqm*
- Total Seating capacity: 271 people (including 46 outdoor)
- 73 onsite car spaces
- Substantial land holding of 3,892sqm* with prominent exposure
- Average 37,000 vehicles passing daily (VicRoads)
- Fully functional commercial kitchen
- Flexible Commercial 2 Zoning
Located within the one of north's most tightly held and land constraint markets, the asset is well positioned at the door step of the Melbourne International Airport and well connected to major road arterials with immediate access to Tullamarine Freeway (M2) 750m*, Western Ring Road (M80) 2.5km* and Calder Freeway (M79) 6km*.
For further information or to arrange a site inspection, contact Colliers International.
The size of Westmeadows is approximately 4.8 square kilometres. It has 12 parks covering nearly 33.6% of total area. The population of Westmeadows in 2016 was 5848 people. By 2021 the population was 6502 showing a population growth of 11.2% in the area during that time. The predominant age group in Westmeadows is 30-39 years. Households in Westmeadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Westmeadows work in a professional occupation.In 2021, 72.20% of the homes in Westmeadows were owner-occupied compared with 74.10% in 2016.
Westmeadows has 3,354 properties. Over the last 5 years, Houses in Westmeadows have seen a 24.83% increase in median value, while Units have seen a 21.32% increase. As at 31 March 2026:
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