FOR SALE
$650,000 - $665,000

4/16-18 Sussex Court
Sunbury VIC 3429

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 200m2
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Prime Industrial Factory in Thriving Hub!

Situated in a highly sought-after industrial area, part of a bustling industrial hub and located within a secure complex of four factories.
• Approximately 200m² of versatile space.
• Office/staff area
• 3 allocated parking spaces.
• Current rental return of $25,795.42 per annum plus GST and outgoings.
• Secure lease in place until 16/12/2025.
• No further term - Great opportunity for owner occupy.
Offering Easy access to the Calder Freeway, ensuring convenient connectivity for logistics and transport. This factory offers a solid investment opportunity with a reliable tenant in place, situated in a prime location with excellent access to major transport routes.
Perfect for investors looking for a property with strong rental returns and future growth potential in a thriving industrial precinct.
Contact our team today!

Property Details for 4/16-18 Sussex Ct, Sunbury

Building Type
Commercial
Floor Size
200m2

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About Sunbury 3429

The size of Sunbury is approximately 132 square kilometres. It has 93 parks covering nearly 5.3% of total area. The population of Sunbury in 2011 was 34,030 people. By 2016 the population was 36,073 showing a population growth of 6.0% in the area during that time. The predominant age group in Sunbury is 40-49 years. Households in Sunbury are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sunbury work in a trades occupation. In 2011, 79.2% of the homes in Sunbury were owner-occupied compared with 76.5% in 2016.

Sunbury has 23,065 properties. Over the last 5 years, Houses in Sunbury have seen a 20.90% increase in median value, while Units have seen a 17.62% increase. As at 30 November 2024:

  • The median value for Houses in Sunbury is $688,962 while the median value for Units is $489,726.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 173 properties listed for sale, and 32 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1176 properties were sold in the past 12 months in Sunbury.

Suburb Insights for Sunbury 3429

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Ken Grech
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Raine & Horne Gisborne
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.