57 Vineyard Road, Sunbury, VIC 3429

Industrial | Development/Land

Sold

  • Property ID: 435676
  • Floor Area: 961m²
  • Land Area: 2265m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 18/08/2023 961m2 2265m2 Contact Agent
AN EXPOSURE DRIVEN POSITION TO THE MAIN THOROUGHFARE IN SUNBURY.

POINT OF INTEREST:

57 Vineyard Road, Sunbury (also known as 2 Commerce Court) features an exposure driven position to the main thoroughfare in Sunbury that is responsible for over 22,000* cars passing daily or over 8 million annually*. A position such as this will facilitate a retail or exposure prioritising business across multiple industries. On a total land area of approximately 2,265 sqm*, the property features three buildings that are all interconnected totaling 961 sqm* with an additional storage mezzanine also installed.

The South-East building (closest to Commerce Court) features a ground and first floor office / showroom of approximately 260 sqm* with open plan and partitioned areas as well as a ground and first floor small loading dock for ease of access. The middle building features the original industrial shed of 231 sqm* which is in very good condition with an internal height clearance of approximately 3 – 3.5 metres*. The South-West building features a high bay industrial premises of approximately 470 sqm* plus an additional severely weight rated storage mezzanine serviced by stairs. The building also currently has a crane installed with a 2 – 5 tonne weight capacity to be sold with the premises.

The facility features multiple staff amenities that include ample bathrooms, kitchenettes and the office / showroom components that also feature ample heating / cooling installed. Security systems, external lighting and security fencing and gates have been installed also.

Due to the under utilised land coverage of just 43%, the property does feature a development upside to further build into the land at the front facing Vineyard Road, refurbish or totally redesign based on the purchasers requirements and in a position with extreme exposure.

- Total building area: 961 sqm* + storage mezzanine
- Total land area: 2,265 sqm* (size TBC)
- Exposure position to over 8 million passing cars annually*
- Under utilised land coverage of under 43% with future development upside

POINT OF VIEW:

The position speaks for itself with over 8 million reasons why someone will find this one hard to look past on busy Vineyard Road.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 12 months from settlement.
  • Car Spaces: Ample on site.
  • Condition: Good.
  • Air Conditioning: Yes
  • Floors: Carpet / concrete
  • Lifts: NA
  • Height: Various
  • Car Parking Fees: Nil.
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 Industrial 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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