SOLD
Sold on 11 Dec 2023 for $1,100,000

16 Bolitho Street
Sunshine VIC 3020

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 320m2
Land area: 427m2
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Property Details for 16 Bolitho St, Sunshine

Building Type
Commercial
Floor Size
320m2
Land Size
427m2
Local Government
Brimbank
Lot/Plan
3/PS531895

Last Listing description (September 2023)

POINT OF INTEREST:
Introducing the perfect opportunity - an outstanding stand-alone warehouse with its own private driveway and ample on site parking spaces, nestled in Sunshine's highly sought-after industrial precinct. Modern specifications and appointments ensure that the 320 sqm* building is maximised in functionality and presentation.

This prime property provides swift and convenient access to major arterials and the bustling heart of Melbourne CBD, whilst being just a stones throw from Sunshine Road/Wright Street. Well maintained offices and generous amenities complete the offering, creating a wonderful acquisition for your business or portfolio.

- Building area: 320 sqm* including 70 sqm* of air-conditioned office.
- Land area: 428 sqm*.
- Clear span warehouse with 6m* plus internal clearance.
- Sealed Floors and painted warehouse walls.
- Container height roller door.
- 4 on-site car spaces.
- 4.6 km* to Metropolitan Ring Road.
- 5.0 km* from Westgate Freeway.
- 12 km* from CBD.
- Industrial 1 Zoning.
- Vacant possession

POINT OF VIEW:
They say West is best. A quick search online will tell you how unique this opportunity is - right in the heart and soul of the Western suburbs.

*Approx.
Pricing excludes GST

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Property History for 16 Bolitho St, Sunshine, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$1,100,000
11 Dec 2023
Listed for Rent
$498/w
11 Mar 2015
  • 11 Dec 2023
    Sold for $1,100,000
  • 25 Aug 2023
    Listed for Sale Contact Agent
  • 30 May 2019
    Sold for $638,000
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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 5,819 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:

  • The median value for Houses in Sunshine is $813,559 while the median value for Units is $471,424.
  • Houses have a median rent of $500 while Units have a median rent of $480.
There are currently 63 properties listed for sale, and 32 properties listed for rent in Sunshine on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Sunshine.

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