117-121 Evans Street, Sunbury, VIC 3429

Retail | Development/Land | Industrial

Sold $3,000,000

  • Property ID: 429894
  • Floor Area: 2445m²
  • Land Area: 3033m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 2445m2 3033m2 N/A
Large Format Investment Opportunity with Holding Income & Major Upside

Stonebridge Property Group is pleased to present 117-121 Evans Street, Sunbury for sale.

The key highlights of the opportunity include:

- Leased to longstanding and established tenant, Shepards Car Care, who have occupied the building for over 40 years

- Strategically positioned 3,033 sqm* landholding with scope for future development (STCA)

- Comprising three 820 sqm* open plan buildings with short to medium term repositioning potential i.e. convert to 3 separate large format retail tenancies

- Flexible monthly lease agreement providing the potential for complete site access

- Strong building fundamentals including 5 m* ceiling heights and 60 m* of sought after Evans Street frontage

- Situated in the booming suburb of Sunbury – which is set to experience 148% population growth in the next 20 years

- Direct access to the soon to be upgraded Sunbury Train Station and Sunbury train line

- Sunbury has been named as one of the 10 best suburbs to invest in 2023 (The Property Tribune) – with the housing market experiencing significant demand over the last 2 years

*Approximately

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Sarah Xi ???
0468 320 297

Property Code: 604

Sunbury Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3612 --- ---
Offices --- $205 ---
Industrial $1466 --- ---
This is the average advertised price, rent and yield for Sunbury, VIC 3429*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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