FOR SALE
$990,000 - $1,080,000

157 Glengala Road
Sunshine West VIC 3020

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Approved 5 Townhouse Development

Discover the potential of this meticulously planned development, featuring town planning permits for five double-storey townhouses. Strategically situated in a coveted locale, this property offers an exceptional opportunity for developers and investors whilst currently tenanted for $1390 pcm on a periodic lease.
This development boasts versatile configurations to cater to diverse preferences. Among the five townhouses, two residences feature three bedrooms and two bathrooms each, one with a convenient double garage and the other with a single. Additionally, three townhouses offer two bedrooms and two bathrooms, all equipped with garage facilities.
Positioned in a highly desirable location, residents will enjoy proximity to essential amenities. Situated near Glengala Road shops, St Pauls Catholic School, and zoned for esteemed educational institutions like Sunshine College, Marian, and Sirius Colleges, convenience is at your doorstep. Easy access to the Western Ring Road, bus services, and the nearby Sunshine train station further enhances accessibility.
With a generous land area spanning 929sqm, there's ample space for contemporary living arrangements and outdoor amenities. The town planning permit, secured in January 2024, presents an immediate development opportunity. Capitalize on the burgeoning demand for quality housing in the area and unlock the potential for significant returns on investment.
Don't miss out on this rare chance to acquire a ready-to-develop property in a flourishing locale. Enquire now to secure your stake in this lucrative investment opportunity.
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Property Details for 157 Glengala Rd, Sunshine West

157 Glengala Rd, Sunshine West is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Barry Plant - Sunshine.

Building Type
House

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About Sunshine West 3020

The size of Sunshine West is approximately 9.6 square kilometres. It has 22 parks covering nearly 7.5% of total area. The population of Sunshine West in 2011 was 16,742 people. By 2016 the population was 18,582 showing a population growth of 11.0% in the area during that time. The predominant age group in Sunshine West is 20-29 years. Households in Sunshine West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine West work in a labourer occupation. In 2011, 72.2% of the homes in Sunshine West were owner-occupied compared with 67.7% in 2016.

Sunshine West has 8,432 properties.

    There are currently 56 properties listed for sale, and 16 properties listed for rent in Sunshine west on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Sunshine west.

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