278 Hampshire Road, Sunshine, VIC 3020 | Property Value & History | OnTheHouse
OFF MARKET

278 Hampshire Road
Sunshine VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 227m2
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Property Details for 278 Hampshire Rd, Sunshine

Building Type
Commercial
Land Size
227m2
Local Government
Brimbank
Lot/Plan
1/TP333862

Last Listing description (June 2024)

Create Real Estate and Central Commercial Group are pleased to offer for sale "278 Hampshire Road" positioned on the eastern side of Hampshire Road, near the corner of Devonshire Road approximately 12 kilometres* from the Melbourne CBD. The premises are located in the absolute centre of Sunshine's main activity hub and is 300m* away from Sunshine Train Station (future Melbourne Airport Rail Link) and public bus interchange hub.

The property presents a rare opportunity to purchase a freehold property in the centre of Sunshine for your own business use, or investment purposes for leasing, or redeveloping (STCA) as it is zoned Activity Centre (Schedule 1). Previously leased by Delphi Bank and current internal set up with several offices.

Key features:

- Activity Centre Zoned (Schedule 1) site of 228m2*
- Freestanding single-storey shop / Total building area 204m2*
- Located in the absolute centre of Sunshine's main activity hub
- Ideal for owner-occupiers with both investment and redevelopment upside
- Huge scope for up to 5-6 storeys of residential or commercial development (STCA)
- 300 metres* from the major transport hub Sunshine Train Station (future Melbourne Airport Rail Link) and public bus interchange hub.

This sought-after commercial freehold is a once-in-a-lifetime western suburb asset that is ready for a new future and is sure to bring much success.

(* = Approximate)

Please contact the conjunctional selling agents Brenda Ngan on 0435152545, or Anthony Zulli on 0418 999 499 for further information and to arrange an inspection.

Property History for 278 Hampshire Rd, Sunshine, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$1,868,000
13 May 2024
Listed for Rent
$65k/w
20 Nov 2023
  • 13 May 2024
    Sold for $1,868,000
  • 07 Dec 2023
    Listed for Sale $1,750,000 - $1,900,000
  • 03 May 2023
    Listed for Rent - Price not available
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About 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 5,909 properties. Over the last 5 years, Houses in Sunshine have seen a 10.16% increase in median value, while Units have seen a 4.98% increase. As at 30 April 2026:

  • The median value for Houses in Sunshine is $892,709 while the median value for Units is $511,314.
  • Houses have a median rent of $515 while Units have a median rent of $470.
There are currently 41 properties listed for sale, and 17 properties listed for rent in Sunshine on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Sunshine.

Suburb Insights for Sunshine 3020

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.