FOR SALE
$150,000 plus SAV

Contact Agent For Address
Sunshine West VIC 3020

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Popular Asian Grocer, established since 2010 in busy location

Phone enquiries - please quote property ID 28890.
Situated in a busy shopping centre at Sunshine West, this Asian Grocery has been operating since 2010 and offers an easy transition for its new owners. The business enjoys plenty of existing loyal customers, with a well-established reputation.
Enjoy steady profits, plenty of traffic from the location, straightforward management, and existing processes.
Included in the sale:
- All equipment
- Long lease
- Stock at valuation (added to sale price)
- Established processes
The business is easy to run, with no staff required, and benefits greatly from its location. With other shops in the centre, including Coles, NQR, bakery, hair salons, nails, pizza, fish & chips shop, and charcoal chicken shop, the business benefits from plenty of through-traffic from people doing their regular shopping. It has operated consistently and for a number of years, and is now ready for new owners, as the current owners are looking for a change of lifestyle.
Opportunities for growth include broadening the product range to other specialty cuisines, such as Mediterranean or Indian.
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Property Details for Contact Agent For Address, Sunshine West

Building Type
Commercial

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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 8,440 properties. Over the last 5 years, Houses in Sunshine West have seen a 15.44% increase in median value, while Units have seen a 21.12% increase. As at 31 August 2024:

  • The median value for Houses in Sunshine West is $701,807 while the median value for Units is $559,818.
  • Houses have a median rent of $450 while Units have a median rent of $475.
There are currently 57 properties listed for sale, and 15 properties listed for rent in Sunshine west on OnTheHouse. According to CoreLogic's data, 272 properties were sold in the past 12 months in Sunshine west.

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