FOR SALE
$1,400,000 - $1,480,000

252 A&B Hampshire Road
Sunshine VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 170m2
Land area: 222m2
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Occupy, Lease or Develop. High Profile Investment. Sunshine CBD.

First time offered in several decades with huge upside with Activity Zoning (ACZ1) residential and other use development potential supported by the wide rear lane via Mann Place.
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.
Rental Income___
252A&B: $53,844 inc GST
The tenancies are rolling on a month to month lease with options for owner occupiers to move in or scope for rental increases.
A: $2334 per month on periodic tenancy
B: $2153 per month on periodic tenancy
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.
_Double Shop on One Title.
_Building & Land Area 222m2 approx.
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Property Details for 252 A&B Hampshire Rd, Sunshine

Building Type
Commercial
Floor Size
170m2
Land Size
222m2

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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 5,819 properties. Over the last 5 years, Houses in Sunshine have seen a 12.05% increase in median value, while Units have seen a 9.13% increase. As at 31 October 2024:

  • The median value for Houses in Sunshine is $813,559 while the median value for Units is $471,424.
  • Houses have a median rent of $500 while Units have a median rent of $480.
There are currently 66 properties listed for sale, and 28 properties listed for rent in Sunshine on OnTheHouse. According to CoreLogic's data, 182 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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