Sold
Large Format Investment Opportunity with Holding Income & Major Upside
117-121 Evans Street, Sunbury VIC
Stonebridge Property Group is pleased to present 117-121 Evans Street, Sunbury.
The key highlights of the opportunity include:
- Leased to longstanding and established tenant, Shepards Car Care, who have occupied the building for over 40 years
- Strategically positioned 3,033 sqm* landholding with scope for future development (STCA)
- Comprising three 820 sqm* open plan buildings with short to medium term repositioning potential i.e. convert to 3 separate large format retail tenancies
- Providing annual income of $247,700* + GST + Outgoings
- Flexible monthly lease agreement providing the potential for complete site access
- Strong building fundamentals including 5 m* ceiling heights and 60 m* of sought after Evans Street frontage
- Situated in the booming suburb of Sunbury – which is set to experience 148% population growth in the next 20 years
- Direct access to the soon to be upgraded Sunbury Train Station and Sunbury train line
- Sunbury has been named as one of the 10 best suburbs to invest in 2023 (The Property Tribune) – with the housing market experiencing significant demand over the last 2 years
*Approximately
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.