Large Format Investment Opportunity with Holding Income & Major Upside

  • $3,000,000/Contact Agent

Property Description

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 席子棠
0468 320 297

Property Code: 604

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