OFF MARKET

213A Sunshine Road
Tottenham VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2141m2
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Property Details for 213a Sunshine Rd, Tottenham

Building Type
Commercial
Land Size
2141m2
Local Government
Maribyrnong
Lot/Plan
1/PS401382

Last Listing description (February 2023)

Burgess Rawson is pleased to offer to the market, Viva Energy at 213A Sunshine Road, Tottenham (West Footscray) for sale via our Auction Investment Portfolio 158.

The property has the following investment highlights:
+ Secure 15-year net lease to 2035 plus options to 2070.

+ Viva Energy Group Limited (ASX: VEA), a blue-chip $4.26 billion ASX-listed company with Shell's Australian licensee with over 1,300 retail fuel sites across Australia.**
+ Strong and guaranteed rental growth with fixed annual, compounding 3% increases.
+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings
+ Prominent 2,141 sqm* corner site with a combined 99 metres* of street frontage and exposure to over 26,000 vehicles per day.***
+ Newly completed purpose-built facility in 2020 offering significant depreciation benefits.
+ Favourable Industrial 1 Zoning (IN1Z) with substantial development upside (STCA).
+ Less than 750m* from the ISPT-owned Central West Shopping Centre, a double supermarket and DDS shopping centre anchored by Coles and ALDI, complemented by over 55 specialty stores and 800 car parking spaces.****
+ Located 2.5km* from Vicinity-owned Sunshine Marketplace, a single supermarket and DDS shopping centre anchored by Woolworths and Big W, complemented by over 50 specialty stores.*****
+ Surrounded by important social infrastructure, including Western Private Hospital, Tottenham Station and 24 schools within 3km servicing over 6,600 full time students. ***
+ One of Australia's most important industrial hubs, the City of Maribyrnong generates $12 billion in annual economic output with an estimated 44,196 jobs in the area.******
+ Tottenham: 9km* from the Melbourne CBD, with population forecast to grow 85.9% by 2051.*******
+ Minimum management, essential service investment.
+ Net Income: $377,669 pa* + GST.

To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 22 February 2023
Crown Casino, Melbourne

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approximately
** Viva Energy
*** GapMaps
**** ISPT
*****Vicinity
******Remplan
*******Forecast.id

Property History for 213a Sunshine Rd, Tottenham, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$485,100
09 May 2013
  • 23 Jan 2023
    Listed for Sale Price on Request
  • 30 Oct 2019
    Listed for Sale Contact Agent
  • 09 May 2013
    Sold for $485,100
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About Tottenham 3012

The size of Tottenham is approximately 2.1 square kilometres. The population of Tottenham in 2006 was 11 people. By 2011 the population was 6 showing a population decline of 45.5% in the area during that time. The predominant age group in Tottenham is 10-19 years. In general, people in Tottenham work in a labourer occupation..

Tottenham has 264 properties. Over the last 5 years, Houses in Tottenham have seen a 3.59% increase in median value. As at 30 September 2024:

  • The median value for Houses in Tottenham is $1,081,964 while the median value for Units is $628,392.
There are currently 2 properties listed for sale, and no properties listed for rent in Tottenham on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Tottenham.

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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.