58 Davies AvenueSunshine North VIC 3020
Property Details for 58 Davies Ave, Sunshine North
Last Listing description (September 2024)
Suburb investment opportunity, this warehouse/factory sits on a large 581m2 (approx.) allotment in Sunshine North's busy commercial area.
Land area 581m2 (approx.)
Airconditioned office/reception area, plus staff amenities (kitchenette, 2 toilets, shower)
High spanning roof
Security fenced with ample onsite parking
Currently showing a return of $56,560 per annum (plus GST, plus outgoings) with yearly increments.
The property is prominently located within the tightly held suburb of Sunshine North with easy access to and from Western Ring Road giving easy access to Tullamarine airport, and Melbourne port.
Contact Brenda Ngan on 0435152545 for further details and to arrange inspection.
Property History for 58 Davies Ave, Sunshine North, VIC 3020
- 22 May 2024Sold for $1,200,000
- 09 May 2024Listed for Sale $1,050,000 - $1,150,000
- 27 Apr 2023Listed for Rent - Price not available
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About Sunshine North 3020
The size of Sunshine North is approximately 7.9 square kilometres. It has 11 parks covering nearly 8.9% of total area. The population of Sunshine North in 2011 was 10,636 people. By 2016 the population was 11,702 showing a population growth of 10.0% in the area during that time. The predominant age group in Sunshine North is 20-29 years. Households in Sunshine North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine North work in a labourer occupation. In 2011, 70.9% of the homes in Sunshine North were owner-occupied compared with 67.2% in 2016.
Sunshine North has 6,908 properties. Over the last 5 years, Houses in Sunshine North have seen a 10.35% increase in median value, while Units have seen a 12.71% increase. As at 31 October 2024:
- The median value for Houses in Sunshine North is $726,426 while the median value for Units is $528,491.
- Houses have a median rent of $480 while Units have a median rent of $500.
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