An exceptional opportunity to acquire a 270sqm of real estate leased to major national telecommunications company securing your income, and is only minutes from the Sunbury Township.
-Only 34kms from CBD
-Located in the sought-after Jackson's Hill estate
Fully leased
• Existing lease expires 31 December 2019.
• Telstra has exercised a 10-year option in the existing lease, extending the rental agreement to 31 December 2029.
• Compounded rental increase of 4% per annum.
• Current rent is $32,736 pa, increasing to $34,045 pa from 2020.
For Sale via expressions of interest closing Thursday 5th September 2019 at 4:30pm
For further information please contact Haydn Drummer 0421 116 679
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 25,069 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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