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Sold on 22 May 2024 - Price Unavailable

58 Davies Avenue
Sunshine North VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 581m2
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Property Details for 58 Davies Ave, Sunshine North

Building Type
Commercial
Land Size
581m2
Local Government
Brimbank
Lot/Plan
157~A/LP12375

Last Listing description (May 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)

Industrial 3 zone
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

A timeline of how this property has performed in the market
Last Sold
22 May 2024
Listed for Rent
$65k/w
08 Jun 2023
  • 22 May 2024
    Sold
  • 09 May 2024
    Listed for Sale $1,050,000 - $1,150,000
  • 27 Apr 2023
    Listed 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 6,868 properties.

    There are currently 63 properties listed for sale, and 13 properties listed for rent in Sunshine north on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Sunshine north.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.