Police have confirmed that a Bundoora man died at the scene at the intersection of Childs Road and Dalton Road.
Two other men were shot and were taken to hospital with non-life-threatening injuries. One of the men is believed to be one of Maghnie's sons.
In a statement,police said a 27-year-old Plumpton man and a 44-year-old man were taken to hospital with non-life threatening injuries.
Investigators say they believe all involved were known to each other.
A police helicopter circled the area after police and paramedics attended the scene.
A video showed one man,believed to be Maghnie,and a topless man both lying on the ground while being attended to by paramedics.