First published 27 Oct 2026, 5:00am
A site formerly occupied by Toyota at 200-214 Blackshaws Rd, Altona North, is for sale. Picture: Colliers.
A large site in Melbourne west’s formerly owned by Toyota has hit the market with a chance a $40m sale could see it turn into a new housing hot spot.
The Japanese car giant sold the 5.3ha Altona North property, occupied by warehouses and offices, in 2020.
Since then, a Victorian government master plan designed to guide long-term development of the broader area has earmarked the 200-214 Blackshaws Rd address to include a future town centre featuring a supermarket, other retailers, cafes and up to 395 residences.
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While there’s currently no development plans in place for this to be built, its inclusion in a masterplan means it is the preferred option for the any future development.
Under the masterplan, the property sits within a wider 67ha precinct designated for 3000 new homes.
Commercial real estate agency Colliers’ Tim McIntosh and Jozef Dickinson have the listing, named the Altona North Gateway Site.
Its online marketing campaign describes the land parcel as one of the largest remaining town centre and residential sites within 10km of Melbourne’s CBD.
The site has 122m of frontage to Blackshaws Rd. Picture: Google Maps.
Toyota ceased manufacturing cars in Altona North, in 2017. Picture: Mark Stewart.
The site is currently home to warehouses and offices. Picture: CBRE.
Mr McIntosh said national supermarket groups had already expressed interest in setting up shop in the future town centre, once it was built.
He added that 15,000 vehicles passed the prominent Blackshaws Rd site every day.
The Altona North Gateway neighbours developer Mirvac’s $350m estate named The Fabric, set to deliver up to 600 new homes, and Stockland’s 289-home Haven development.
Mr Dickinson said Altona North was undergoing a significant transformation, with major residential projects now underway.
“The ability to incorporate up to 395 dwellings within the broader town centre provides the perfect opportunity to complement the retail, food and beverage service offering that the location requires, with the residential component becoming a critical customer base as the precinct continues to evolve into its full potential,” said Mr Dickinson.
Altona North’s population is forecast to increase from approximately 14,000 to more than 21,300 by 2046. Picture: Colliers.
Toyota’s nearby former Altona North manufacturing hub assembled car models including the Camry, Corolla, Aurion and Avalon.
The site is close to the West Gate Freeway, West Gate Tunnel, Port of Melbourne, Spotswood train station, Altona Gate Shopping Centre and the Millers Junction shopping centre.
Toyota manufactured cars in Altona North from the 1970s through until 2017.
It currently operates a Centre of Excellence with offices, training facilities, vehicle design and testing studios and a hydrogen fuel station in Grieve Pde, also in Altona North, but separate to the site for sale.
Expressions of interest in the Altona North Gateway Site close at 3pm on November 11.
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