FOR SALE
$1,650,000 - $1,815,000

8 Watt Street
Sunshine VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 1304m2
Auction Time
Thu 21 Nov 1:00 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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1304m2 Corner Freehold. Activity Zone (ACZ1). 400m to Sunshine Station.

DOUGLAS KAY is proud to present this iconic premier corner landholding & building previously occupied by the Sunshine Lions Club and most recently used as a church.
This property offers exceptional flexibility to renovate the existing structure for residential & other uses or capitalise on its significant development potential. A unique opportunity located just 11 km West of the Melbourne CBD.
*High-Profile Corner Position on 1,304 m2* property is situated within the Activity Centre Zone (ACZ1) offering excellent visibility and access.
*Originally built for the Sunshine Lions Club - the property is a character rich freehold that allows for various repositioning options, enhancing its appeal for redevelopment or refurbishment.
*The high density Activity Zoning provides opportunities for an iconic residential & commercial mixed-use development STCA & overlays.
*Excellent public transport access right at your doorstep, with Sunshine Train Station just a 400m walk earmarked for huge government infrastructure plans to be the gateway for the Melbourne Airport Rail Link.
* Located near a variety of retail and lifestyle offerings, including Sunshine Market Place Shopping Centre and the vibrant shopping and dining options along Hampshire Road.
*The property is conveniently situated close to primary and secondary schools, as well as the Victoria University Sunshine Campus.
The property will be sold via auction @ 1pm Thursday November 21st 2024.
DOUGLAS KAY REAL ESTATE
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Property Details for 8 Watt St, Sunshine

Building Type
Commercial
Land Size
1304m2

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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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Justin Luciew
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Peter Kay
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Douglas Kay Real Estate
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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.