Positioned in the very heart of Sunshine, this outstanding first-floor island site presents a rare and substantial investment opportunity in one of Melbourne’s fastest-evolving city-fringe precincts. Offered as 8 separate titles, the property comprises 7 one-bedroom apartments and 1 two-bedroom apartment, delivering an impressive combined rental return of $156,132 per annum.
Set above established ground-floor retail in a highly visible corner location, the property enjoys outstanding exposure and unbeatable convenience, just an arms length from Sunshine Train Station, Sunshine Bus Terminal, Hampshire Road shopping and dining, Sunshine Shopping Centre, quality schools and Victoria University Sunshine Campus. The location is a major drawcard for tenants, with easy access to transport, everyday amenities and the broader Sunshine Activity Centre.
A true blue-chip holding with immediate income, the property is further enhanced by air rights, adding an extra layer of future potential for astute investors looking to secure a landmark asset in a tightly held central Sunshine position.