46 Evans StreetSunbury VIC 3429
Property Details for 46 Evans St, Sunbury
Last Listing description (September 2024)
Long standing ownership, positioned at Our Town's busiest Intersection.
A very rare opportunity to acquire what is arguably the pinnacle of Commercial Investments. Currently enjoying solid returns from two separate Tenancies and steady capital growth. Long term options may include a re-develop that propels the Township into the future (S.T.C.A.).
Lease Details;
Tenancy 1
- Lease commenced 1st May,2021
- 5 year initial term, further 5 year term ( Long standing Sunbury business )
- Current rental amount $63,672 p.a.
- Fixed Annual Increases, market review at Options
- Tenant pays 100% of all Building Outgoings
Tenancy 2
- Lease commenced 13th April, 2021
- 3 year initial term, Second term commenced 13th April ,2024, further 3 year term
- Current Rental Amount $17,823 p.a.
- Fixed Annual Increases, market review at Options
- Tenant pays 100% of all Building Outgoings of their proportional lettable area
There is no better place to own a commercial investment property. The expanding township of Sunbury is located in the city of Hume which is one of the fastest growing municipalities in Australia, with a rich cultural diversity and rapid property and business development across many of the surrounding areas, a testimony to why Commercial investments here are so tightly held.
To be sold at Auction ( subject to a reserve price). All documentation provided on request. Personal inspections strictly via appointment with the selling Agent.
Call John Saurini direct on 0418 372779.
Please note we require photo ID when attending opens
In preparing this information, Ray White Sunbury has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the property area, floor size, price, address and general property description) has been provided to Ray White Sunbury by third parties. As such, Ray White Sunbury makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property. Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently.
We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 46 Evans St, Sunbury, VIC 3429
- 26 Aug 2024Listed for Sale Auction Thursday 19th September at 11am
- 19 Apr 2024Sold for $2,000,000
- 20 Sep 2017Transferred
Recent sales nearby
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0About Sunbury 3429
The size of Sunbury is approximately 132.0 square kilometres. It has 93 parks covering nearly 5.3% of 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 25,357 properties. Over the last 5 years, Houses in Sunbury have seen a 22.64% increase in median value, while Units have seen a 23.11% increase. As at 31 March 2026:
- The median value for Houses in Sunbury is $776,635 while the median value for Units is $534,211.
- Houses have a median rent of $550 while Units have a median rent of $453.
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