Located on Sunshines busiest shopping strip and only a stones throw to Sunshine train station, this premise presents a great investment opportunity. Total building of approximately 185sqm and the total land area of approximately 150sqm. Currently utilised as a dental surgery. The current lease amount is $54,000 Exc GST per annum. Lease expires in June 2023 with 3 further options of 5 year terms. Note: The Brimbank Council confirms that Activity Centre Zone Schedule 1 allows for development of up to 17 metres in height so this premise has a multi - level development potential subject to council approval.
Land area: 150sqm (approx)
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 5,909 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:
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