Located within the popular Target Shopping Centre precinct in Sunbury and nestled right at the entrance to this quality national anchor tenant, a fabulous investment opportunity now presents. Offering a prime location, this commercial 1 zoned property (C1Z) boasts a lettable area of approximately 94m2. The property is tenanted until 2021 with further 3x3 options. Currently leased as a cafe/coffee shop for the past 6 years and generating an annual rental income of approximately $48,000 per annum. All usual property outgoings are recoverable. This property has the use of shopping centre toilet facilities, ample onsite car parking and is managed by an Owners Corporation. A short walk to public transport (bus and train) and close to major freeway arterials. Investment opportunities of this calibre will not last long..
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 25,076 properties. Over the last 5 years, Houses in Sunbury have seen a 21.17% increase in median value, while Units have seen a 22.66% increase. As at 30 April 2026:
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