1/117 Devonshire Rd, Sunshine is a 1 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 765m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Sunshine in the last 12 months.
A rare opportunity has arisen to secure a whole block of large 8 x 2 bedroom strata titled apartments in the heart of Central Sunshine. Positioned within 800m approx. of Sunshine Train Station and only 600m approx. to Sunshine business/shopping precinct.
Each apartment measures 80m2 approx and comprises of 2 x bedrooms, bathroom, kitchen with adjoining open plan lounge/dining and car space on title.
Fully leased returning $95,628 per annum with plenty of room to add value through renovation, resale and rent increases. An opportunity not to be missed to acquire an outstanding investment prospect within meters of all key amenities and only 10km to the CBD.
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 5,820 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:
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