SOLD
Sold on 24 May 2024 for $1,320,000

2/24 Law Court
Sunshine West VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 823m2
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Property Details for 2/24 Law Ct, Sunshine West

Building Type
Commercial
Land Size
823m2
Local Government
Brimbank
Lot/Plan
2/PS830517

Last Listing description (July 2023)

Knight Frank are pleased to present exclusively for LEASE this outstanding brand new facility built to the highest of standards in Sunshine West.

The location is connected to all major arterials and is home to occupiers including Australia Post, Linfox, Lindsays Australia, Iron Mountain and more.


Property Details:

Office: 103 sqm*
Warehouse: 442 sqm*
Total NLA: 545 sqm*

Property Features:

Single titled secure front yard
Brand new facility
Motorized & remote controlled front gate
Double glazed windows
High tech remote security system (mobile connectivity)
Flexible Industrial 2 Zoning
Provisions for high power
High clearance warehouse space
Three-phase power
Amenities with shower & bathrooms
Ducted heating & cooling


Please contact Knight Frank today for more information or to arrange an inspection!

*Approximate

Property History for 2/24 Law Ct, Sunshine West, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$1,320,000
24 May 2024
Listed for Rent
$1.31k/w
12 Jul 2023
  • 24 May 2024
    Sold for $1,320,000
  • 03 Apr 2023
    Listed for Rent - Price not available

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About Sunshine West 3020

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 8,437 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:

  • The median value for Houses in Sunshine West is $701,807 while the median value for Units is $559,818.
  • Houses have a median rent of $450 while Units have a median rent of $475.
There are currently 53 properties listed for sale, and 13 properties listed for rent in Sunshine west on OnTheHouse. According to CoreLogic's data, 279 properties were sold in the past 12 months in Sunshine west.

Suburb Insights for Sunshine West 3020

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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.