147-151 Devonshire RoadSunshine VIC 3020
Property Details for 147-151 Devonshire Rd, Sunshine
Last Listing description (December 2020)
Offering a rare multi-use corner site in an established and rapidly developing residential pocket of Sunshine to be sold via Expressions of Interest closing Thursday the 3rd of December 2020 at 3pm.
A significant opportunity to acquire the land along with existing building improvements and revive its original use as a Service Station/Convenience Store, Car Wash & Mechanical Repairs or simply take advantage of the flexible neighborhood residential zoning (NR1Z) by undertaking a multi-unit residential redevelopment (STCA).
Property feautures include:
Land Area : 2,333m2*
Building Area: 119m2* plus Canopy of 316m2*
Positioned at the corner of a prominent intersection
Expansive dual street frontage of 100 metres* to Devonshire Road & Duke Street
Potential for multiple income streams
Surplus land for future redevelopment (STCA)
Neighbourhood Residential Zone 1
Flexibility of three (3) titles to be offered as one
Situated in Central Sunshine on a local thoroughfare, the property is set to benefit from major transport infrastructure with the proposed "Sunshine Super Hub" to be built as part of Melbourne Airport Rail Link and Western Rail Plan.This landmark project will see trains travel to the airport from the CBD via the Super Hub, which will connect regional and metro train lines including the Metro Tunnel to the new airport link, promising Sunshine significant growth across employment, population and investment.
The property is further enhanced by close proximity to thriving Sunshine Village and major western arterials including the Western Ring Road and Westgate Freeway via Ballarat Road.
*Approx.
Pricing excludes GST
Property History for 147-151 Devonshire Rd, Sunshine, VIC 3020
- 26 Oct 2020Listed for Sale Contact Agent
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0About Sunshine 3020
The size of Sunshine is approximately 4.7 square kilometres. It has 18 parks covering nearly 8.7% of total area. The population of Sunshine in 2016 was 9768 people. By 2021 the population was 9445 showing a population decline of 3.3% in the area during that time. The predominant age group in Sunshine is 30-39 years. Households in Sunshine are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine work in a professional occupation.In 2021, 55.70% of the homes in Sunshine were owner-occupied compared with 55.80% in 2016.
Sunshine has 5,912 properties. Over the last 5 years, Houses in Sunshine have seen a 7.82% increase in median value, while Units have seen a 5.44% increase. As at 31 March 2026:
- The median value for Houses in Sunshine is $890,147 while the median value for Units is $516,556.
- Houses have a median rent of $530 while Units have a median rent of $465.
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