FOR SALE
$1,290,000

86 Warwick Road
Sunshine North VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 743m2
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Development Opportunity

This amazing site is abounding in possibilities. With minimal investment, the existing building could be renovated to return the property to the previous use, that of mechanical repairs, and perhaps a petrol station as well.
Having a readymade driveway, industrial roller doors, good on-site parking and further street parking, this property would also be ideal for a fruit and vegetable market, a drive-through cafe or a 50s-style diner. Other possible uses include a used car lot, a used furniture store, a health food shop and a car washing and detailing service.
Prominent corner site in Sunshine North at the intersection of Warwick Road (with nearby shops) and Westmoreland Road (connecting to Victoria University)
Flat land of approx. 743 m2, in four parcels of land (each parcel of similar area to one of the nearby shops in Warwick Road) and zoned as Commercial 1
An existing building of approx. 400m2 has been used by a mechanical repair service, and the property could be leased or owned by an occupier for the same
purposes(including while a developer is obtaining approval for a redevelopment.

Property Details for 86 Warwick Rd, Sunshine North

Building Type
Commercial
Floor Size
400m2
Land Size
743m2

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About Sunshine North 3020

The size of Sunshine North is approximately 7.9 square kilometres. It has 11 parks covering nearly 8.9% of total area. The population of Sunshine North in 2011 was 10,636 people. By 2016 the population was 11,702 showing a population growth of 10.0% in the area during that time. The predominant age group in Sunshine North is 20-29 years. Households in Sunshine North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine North work in a labourer occupation. In 2011, 70.9% of the homes in Sunshine North were owner-occupied compared with 67.2% in 2016.

Sunshine North has 6,868 properties.

    There are currently 63 properties listed for sale, and 13 properties listed for rent in Sunshine north on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Sunshine north.

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    Vinh Tran
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