493 Ballarat RoadSunshine VIC 3020
Property Details for 493 Ballarat Rd, Sunshine
Last Listing description (September 2021)
CBRE's Specialist Healthcare and Social Infrastructure team are delighted to present for sale this premium, state-of-the-art day hospital / medical centre. An exceptional opportunity for an investor to take advantage of a solid lease to one of the most well renowned medical tenants in the area. This prime asset is located within a major activity centre, which has been identified and earmarked as a commercial focal point at the gateway of the Brimbank municipality.
Key attributes of this outstanding medical investment property include:
Premium Day Hospital and Medical Centre
Significant underlying landholding of 2,130sqm
+ Freestanding metropolitan day hospital and medical centre of 1,000sqm* + 21 car parks + ambulance bay located 12km* west of the Melbourne CBD
+ 10 year lease to Dr Gastroenterology and Dr Scope to 2027 - the largest the gastroenterology and hepatology practice in Melbourne's west
+ Passing income of $520,000 p.a.* plus fixed 3.0% pa rent increases from April 2020
+ Includes two state of the art day surgical theatres, pathology rooms, ten consulting rooms and extensive service support spaces
+ High exposure position on Ballarat Road, with 31 metres*of frontage, and located within the booming Sunshine Activity Centre
+ Highly strategic central land holding of 2,130sqm* zoned Activity Centre Zone 1
+ Surrounded by an extensive range of retail and lifestyle amenity, including Sunshine Marketplace, Sunshine Plaza Shopping Centre as well as being located adjacent to Victoria University's brand new Sunshine Campus.
EXPRESSIONS OF INTEREST NOW CLOSED
Sandro Peluso
+61 418 389 757
Josh Twelftree
+61 452 524 985
Jimmy Tat
+61 439 399 118
Marcello Caspani-Muto
+61 417 065 777
*Approx
Property History for 493 Ballarat Rd, Sunshine, VIC 3020
- 30 Apr 2024Sold for $8,420,000
- 02 Sep 2021Listed for Sale SOLD - $8,100,000
- 30 Jun 2021Sold for $10,025,000
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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.
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