SOLD TO ASX LISTED COMPANY | 54 Droomer Way, Tarneit

June 12 2026
AND Property is pleased to announce the sale of 54 Droomer Way, Tarneit to Reece Australia for $2,193,000.

The site has been acquired by Reece with plans to develop a new plumbing trade centre servicing Tarneit and Melbourne’s broader western growth corridor.

Key transaction highlights:
• Site Area: 2,041m²
• Sale Price: $2,193,000
• Land Rate: approximately $1,075/m²
• Purchaser: Reece Australia

For further information on this transaction, please contact:

Ben Quennell - 0499 903 905 | bq@andproperty.com.au
Ricardo Cappelletti - 0421 837 421 | rc@andproperty.com.au