FOR SALE
$2,000,000 - $2,200,000

1-8/12 Norma Street
Sunshine VIC 3020

Bedrooms: 10
Bathrooms: 8
Car spaces: 8
Land area: 1058m2
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Auction Time
Sat 13 Jul 11:30 am
Inspection Times
No upcoming inspections scheduled.
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Mathews Hills - Whole Block of 8 Units

A massive investment opportunity exists to acquire an entire block of 8 Units (2 two bedroom’s & 6 large one bedrooms) on one title and being offered as one on a generous 1,058m2* ideally located in the highly sought after Mathews Hills central Sunshine.
Investors looking to acquire property with a conservative immediate income of $158,340 pa (fully leased) and an exciting future option to further enhance/update for a greater return.
All eight light filled units are generously proportioned and neatly presented, each with separate kitchen, individual living room, central bathroom with laundry facilities, and a combination of 1 and 2 good sized bedrooms with built in robes, and car parking spaces.
The location is prime and an easy walk to Sunshine Train Station, shops, schools and parks. Don’t miss this unique opportunity.
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Property Details for 1-8/12 Norma St, Sunshine

1-8/12 Norma St, Sunshine is a 10 bedroom, 8 bathroom BlockOfUnits with 8 parking spaces. The property has a land size of 1058m2. The place is currently for sale with Bells Real Estate.

Building Type
BlockOfUnits
Land Size
1058m2

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About Sunshine 3020

The size of Sunshine is approximately 4.7 square kilometres. It has 18 parks covering nearly 8.7% of total area. The population of Sunshine in 2011 was 8,837 people. By 2016 the population was 9,755 showing a population growth of 10.4% in the area during that time. The predominant age group in Sunshine is 30-39 years. Households in Sunshine are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine work in a professional occupation. In 2011, 61.6% of the homes in Sunshine were owner-occupied compared with 55.8% in 2016.

Sunshine has 5,803 properties.

    There are currently 45 properties listed for sale, and 15 properties listed for rent in Sunshine on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Sunshine.

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