FOR SALE
$670,000 - $710,000

2 City Place
Sunshine VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 102m2
Land area: 152m2
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Auction Time
Thu 28 Nov 1:00 pm
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High Profile Corner In Sunshine Transport Precinct. *Residential Upside*

Your corner slice of Sunshine with huge upside & with a secure lease to the Brimbank City Council.
Activity Zoning (ACZ1) residential and other use development potential supported.
Superbly located on high traffic major retail and services strip moments from the Sunshine Transport Super-Hub planned as the future of Melbourne Airport Rail Link.
Strategically zoned Activity Centre 1 promoting high density, mixed residential/commercial development in one of the four major National Employment and Innovation Clusters under Plan Melbourne 2017-2050.
_Impressive Corner Exposure
_Land Area 152m2 approx.
_Easy access with on site parking.
_Currently leased by Brimbank City Council as Community Arts Centre.
_Blue chip tenant paying $34,201.08 + Outgoings. (GST N/A) to May 2025.
_Ample parking nearby.
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Property Details for 2 City Pl, Sunshine

Building Type
Commercial
Floor Size
102m2
Land Size
152m2

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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 5,797 properties. Over the last 5 years, Houses in Sunshine have seen a 15.84% increase in median value, while Units have seen a 9.45% increase. As at 30 September 2024:

  • The median value for Houses in Sunshine is $827,083 while the median value for Units is $471,478.
  • Houses have a median rent of $498 while Units have a median rent of $470.
There are currently 60 properties listed for sale, and 16 properties listed for rent in Sunshine on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Sunshine.

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Peter Kay
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Francis (thanh) Vuong
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Douglas Kay Real Estate
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