389 Ballarat RoadSunshine VIC 3020
Property Details for 389 Ballarat Rd, Sunshine
Last Listing description (September 2023)
Positioned within Sunshine's vibrant heart, this property offers opportunities for residential living, rental investment or development (STCA). Its strategic location on a spacious corner allotment provides the advantage of prime main road visibility. Its versatility is showcased by its potential for a variety of mixed-use opportunities (STCA). Additionally, if utilized for business, it holds promise for various professional including home-based offices, salons etc.
Previously occupied by a medical clinic, the property's layout is thoughtfully designed to accommodate a professional establishment. Comprising of three well-appointed consulting rooms, reception area, a spacious waiting room and a functional staff room, the property seamlessly blends functionality with a welcoming ambiance.
Equipped for comfort, the property features three split air conditioning units, supplemented by a central heating system, ensuring an ideal climate for both clients and staff. The consideration for accessibility is evident through thoughtfully incorporated disabled access points and conveniently situated bathrooms.
Parking convenience is not compromised, with five designated car spaces smartly demarcated on the floor for easy navigation. Further enhancing this aspect is the provision of rear off-street parking, offering a comprehensive solution for both clients and personnel.
This property presents an outstanding opportunity in a prime location, poised to capitalise on its strategic positioning, versatile layout, and the potential for substantial rental returns. Whether as a continuation of its successful healthcare legacy or a fresh venture awaiting realisation, this property stands as a testament to both potential and practicality.
Property History for 389 Ballarat Rd, Sunshine, VIC 3020
- 16 Sep 2023Sold for $740,000
- 08 Aug 2023Listed for Sale Not Disclosed
- 02 Mar 2023Listed for Rent $50,000 / year
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0About 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 5,806 properties. Over the last 5 years, Houses in Sunshine have seen a 19.95% increase in median value, while Units have seen a 15.05% increase. As at 31 August 2024:
- The median value for Houses in Sunshine is $844,273 while the median value for Units is $504,093.
- Houses have a median rent of $495 while Units have a median rent of $450.
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