10 Melba AvenueSunbury VIC 3429
Property Details for 10 Melba Ave, Sunbury
10 Melba Ave, Sunbury is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 186m2 and floor size of 126m2.
Last Listing description (August 2022)
This is certainly an extremely rare opportunity for the savvy investor. Tightly held in one of our well established Estates within a busy and diverse strip shopping group which includes a Foodworks anchor.
Downstairs the long standing popular Laundrette is spacious with room to expand and rear yard access via laneway which includes private covered parking.
- Lease commenced 29/03/21 3 years with annual CPI rises.
- 2 further terms of 3 years
- Floor space 120sqm (approx.) plus parking
- Security deposit and personnel guarantee in place.
Upstairs, accommodation comprises of kitchen/meals, family area, 2 bedrooms plus 3rd bedroom/separate lounge
- current yearly residential rent is $13,008.
On one title and zoned Commercial 1, this is the perfect portfolio balance providing security and a great return. Will be sold at Auction (prior offers may be considered ). Call for full documentation.
Property History for 10 Melba Ave, Sunbury, VIC 3429
- 13 Jul 2022Listed for Sale $750,000 - $800,000
- 11 Jan 2017Listed for Sale $250
- 24 Nov 2011Listed for Rent - Price not available
Recent sales nearby
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About Sunbury 3429
The size of Sunbury is approximately 132.0 square kilometres. There are 93 parks, covering nearly 5.3% of the total area. The population of Sunbury in 2016 was 36084 people. By 2021 the population was 38851 showing a population growth of 7.7% in the area during that time. The predominant age group in Sunbury is 30-39 years. Households in Sunbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunbury work in a professional occupation.In 2021, 77.60% of the homes in Sunbury were owner-occupied compared with 76.50% in 2016.
Sunbury has 25,635 properties. Over the last 5 years, Houses in Sunbury have seen a 12.07% increase in median value, while Units have seen a 18.18% increase. As at 31 August 2026:
- The median value for Houses in Sunbury is $759,292 while the median value for Units is $526,587.
- Houses have a median rent of $550 while Units have a median rent of $460.
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