1 Fourth Avenue, Sunshine, VIC 3020

Industrial

Sold

Sold

  • Property ID: 432284
  • Floor Area: 800m²
  • Land Area: 1060m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 07/08/2023 800m2 1060m2 Contact Agent
A significant opportunity to acquire an industrial freehold in the heart of Sunshine.

POINT OF INTEREST:

A significant opportunity to acquire an industrial freehold in the heart of Sunshine. Whether you’re wanting to occupy, develop or improve and invest— the possibilities here are boundless. Located in the tightly held industrial area of Sunshine, this offering is well supported by major arterials including, the Western Ring Road, the Westgate Freeway, Somerville Road, Sunshine Road and Princes Highway.

- Total building area 800 sqm*
- Total land area 1,060 sqm*
- Industrial 1 zoning
- 20 metres* of street frontage
- Ample on-site car parking
- Office and staff amenities
- Leased to Amazing Tiles & Stone Pty Ltd until December 2023
- $44,000 + GST annual leasing income + outgoings
- 150 m* to bus routes along Market Road
- 3 km* to the West Gate Freeway
- 11 km* to Melbourne CBD
- 14 km* to the Melbourne Airport

POINT OF VIEW:

The simple rules of supply vs demand will ensure that this industrial asset, in this location, will garner strong interest from occupiers and investors alike.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to a lease
  • Lease Term: 1 Year
  • Car Spaces: Multiple
  • Condition: Good
  • Air Conditioning: Yes
  • Age: 30 Years
Outgoings
  • Water Rates: $1,400 per annum*
  • Council Rates: $3,900 per annum*
Sunshine Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5319 $672 12.63%
Industrial $5319 $117 2.19%
Offices --- $672 ---
This is the average advertised price, rent and yield for Sunshine, VIC 3020*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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