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Sold on 23 Feb 2024 for $2,100,000

7-9 Northumberland Road
Sunshine North VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 372m2
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Property Details for 7-9 Northumberland Rd, Sunshine North

Building Type
Commercial
Floor Size
372m2
Local Government
Brimbank
Lot/Plan
CP107291

Last Listing description (February 2024)

Superbly located on the famous Northumberland Road Shopping Strip. This landmark location ensures guaranteed success as the only available shop vacant.

This location speaks for itself on a commercial strip which is extremely tightly held due to constant high customer traffic volume and a blue chip reputation for business in good company with Tam Tam Grocery and more.

First time offered in 60 + years on the market by the last original owner. This double shop on one title with rear roller door offers lane way access.

Sure to capture the attention of a smart operator looking to secure a bustling, highly exposed location.

As an investor there is a plethora of options to secure a sensational trophy commercial investment - split the shops and lease them separately. Further add value by developing apartments on top. Subdivide and share the twins.

Strategically zoned Commercial Zone 1 promoting flexible uses for business trading while permitting development for residential. STCA.

Facts:
_Solid Double Shop on 372m2.
_Rear Roller Door Laneway Access.
_Blank canvas with partitioned offices.
_Includes heating, cooling, alarm, recent electric security shutters.
_3 bedroom 1 bathroom, kitchen & courtyard residence already established.
_3 toilets in total.
_Zoned Commercial Zone - Schedule 1.
_Vacant Possession.
_Suitable for Medical, Hospitality, Professional Services, Grocery & More.
_Walking distance to Sunshine's Hampshire Road CBD, Schools, Sunshine Station and only 11km to Melbourne CBD.

Secure your future on Northumberland Road - it is now or never for this golden double opportunity.

DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD,
SUNSHINE VIC 3020

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Property History for 7-9 Northumberland Rd, Sunshine North, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$2,100,000
23 Feb 2024
Listed for Rent
$1.10k/w
13 Mar 2019
  • 23 Feb 2024
    Sold for $2,100,000
  • 19 Jan 2024
    Listed for Sale $1,800,000 - $1,880,000
  • 08 Jan 2019
    Listed for Rent $1,100 / week
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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 6,877 properties.

    There are currently 55 properties listed for sale, and 14 properties listed for rent in Sunshine north on OnTheHouse. According to CoreLogic's data, 181 properties were sold in the past 12 months in Sunshine north.

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