3-11 Market Road, Sunshine, VIC 3020

Industrial | Development/Land | Showrooms

For Sale

  • Property ID: 449290
  • Floor Area: 3435m²
  • Land Area: 4845m²
  • Occupancy: Vacant
STAGGERING LAND AND BUILDING ON MARKET FOR BIG AMBITIONS. DUAL STREET FRONTAGE.

POINT OF INTEREST:

There’s strength in numbers, strategy in the long game, and power in land — and this entire package has all three stretching to nearly 5,000 sqm*. 4 titles, long term settlement available, this mammoth industrial 1 zoning clocks 4,845 sqm*, and the warehouse / office stands on its own at 3,435 sqm*. Ideal for industrial business, it’s also primed for a future impressive development (STCA) thanks to the dual street frontage to Market Road (76.1 metre frontage*) and Judge Street (109.3 metre frontage*), so you be the judge. The cars pass at a rapid rate, but so do the trucks, offering signage opportunities to traffic while delivering seamless drive-in and drive-out access. Ample appeal to any astute investor, owner-occupier, or developer. There’s a current tenancy in place to a long- and well-established business, but the value stitched into this blueprint far exceeds the current form. With up to approx. 1,200* amp capacity on offer and sitting only 2.5 km* to Ballarat Road and 3.6 km* to the Western road networks, there’s only power and sunshine forecast for this season’s best buy.

- 3,435 sqm* total building area.
- 4,845 sqm* total land area.
- 4 titles.
- Frontage to Market Road 76.1 metres*.
- Frontage to Judge Street 109.3 metres*.
- Industrial 1 zoning.
- 12 Month Lease in place from Sale Date with long term settlement available.
- Main road exposure with dual street frontage, long term development opportunity (STCA).
- Over 15 on-site car spaces.
- 3.6 km* to the Western Ring Road and West Gate Freeway intersection.
- 2.5 km* to Ballarat Road.


POINT OF VIEW:

You’ll be hard-pressed to find this much prime land in the West, let alone on Market. Secure this industrial unicorn that will only get rarer as time goes on.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to a 12 month lease from date of sale. 12 month settlement available or Purchaser can settle earlier and take the lease on. Current rental $172,800 + gst
  • Car Spaces: Ample on site
  • Condition: Good
  • Air Conditioning: Yes in offices
  • Floors: Concrete , Tiles & Carpets
  • Age: 40 years plus
Outgoings
  • Water Rates: $3,119.84* (2024)
  • Land Tax: $16,450.50* (Single holding 2024)
  • Council Rates: $20,009.05* (2024)
Sunshine Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5319 --- ---
Industrial $2810 $100 3.55%
Offices $1833 --- ---
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.
Floorplans

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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