SOLD
Sold on 14 Jun 2024 for $30,000,000

25-33 Strzelecki Avenue
Sunshine West VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 10341m2
Land area: 36480m2
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Property Details for 25-33 Strzelecki Ave, Sunshine West

Building Type
Commercial
Floor Size
10341m2
Land Size
36480m2
Local Government
Brimbank
Lot/Plan
2/PS349896

Last Listing description (October 2013)

SECURE INVESTMENT WITH UPSIDE
25 Strezlecki Avenue, Sunshine West provides an excellent opportunity for an astute investor to secure a strategic asset in Melbourne???s best performing industrial precinct.
The property comprises a high quality office/warehouse facility and provides the following key features:

??? Brand new 7 year lease to Bitzer Australia Pty Limited
??? Net rental of $748,150 p.a.
??? Land area: 3.647 Ha (approx)
??? Building area: 10,467sqm (approx)
??? Drive around access with potentail for future expansion
??? Significant bank guarantee available
Strategically located 11 kilometres west of the Melbourne CBD with excellent transport linkages to the Western Ring Road, West Gate and Princes Freeways and the Deer Park Bypass. Excellent access to both Melbourne's airport and ports.
For more information about this outstanding investment opportunity, please contact one of our representatives.

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Property History for 25-33 Strzelecki Ave, Sunshine West, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$30,000,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $30,000,000
  • 04 Nov 2013
    Sold for $8,500,000
  • 22 Mar 2013
    Listed for Sale Not Disclosed

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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 8,407 properties. Over the last 5 years, Houses in Sunshine West have seen a 13.03% increase in median value, while Units have seen a 19.30% increase. As at 30 September 2024:

  • The median value for Houses in Sunshine West is $696,740 while the median value for Units is $554,027.
  • Houses have a median rent of $450 while Units have a median rent of $480.
There are currently 54 properties listed for sale, and 21 properties listed for rent in Sunshine west on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Sunshine west.

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