14 Mailey St, Sunshine West is a 7 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 923m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 7 bedroom House sold in Sunshine West in the last 12 months.
Nestled on an expansive 923m² (approx.) land parcel, this property presents a compelling opportunity for discerning investors. Comprising three separate units, all under one title, this versatile holding generates a substantial annual rental income of approx $48,000 per annum.
Boasting a solid income stream, these three units ensure a reliable return on investment from the outset. Beyond its immediate financial appeal, the property's sizable land offers exciting prospects for future development, allowing for potential expansion or redevelopment in line with your investment strategy ( STCA ).
Convenience is key, with local schools, shopping along Glengala Road, eateries, Sunshine Central, and public transport all within easy reach. This location is a commuter's dream, with seamless access to buses and train services.
The size of Sunshine West is approximately 9.6 square kilometres. It has 22 parks covering nearly 7.5% of total area. The population of Sunshine West in 2011 was 16,742 people. By 2016 the population was 18,582 showing a population growth of 11.0% in the area during that time. The predominant age group in Sunshine West is 20-29 years. Households in Sunshine West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine West work in a labourer occupation. In 2011, 72.2% of the homes in Sunshine West were owner-occupied compared with 67.7% in 2016.
Sunshine West has 8,440 properties. Over the last 5 years, Houses in Sunshine West have seen a 15.44% increase in median value, while Units have seen a 21.12% increase. As at 31 August 2024:
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