GrainCorp offloads prominent Sunshine grain silos
GrainCorp has offloaded a vacant high-profile grain silo facility in Melbourne’s west Sunshine.
On a 2.27 hectare long thin site, 2 Wright Street, abutting the train line south of Sunshine station, is speculated to be trading for $9.5 million to a developer with experience in medium density projects this side of town.
Within a residential precinct, but zoned Industrial 1, east facing occupants within any replacement project would enjoy Melbourne CBD view lines over train tracks.
They would also capture a west facing aspect over JR Parsons Reserve, Keith Millar Oval and Sunshine Park Tennis Club.
The 104 year old ASX listed vendor’s site is near a 2.7ha tract, 99 Derby Road, controlled by Martin Strode’s SMA Projects which is earmarked for dwellings and a Quest hotel in six storey structures (story continues below).
About 10 kilometres from the city, Sunshine has been considered a major activity centre by both major state governments for decades – former premier Steve Bracks last November branding it the potential capital of Melbourne’s west.
GrainCorp confirmed the sale of 2 Wright St when contacted adding it ceased receiving and storing grain and other products there, five years ago.
It was represented by Colliers International’s Jack Kelliher, Nick Saunders and Alysia Reilly who declined to discuss buyer or price when contacted.
The campaign was launched and concluded while Melbourne was in lockdown.
