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.

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