58A Monash Street, Sunshine, VIC 3020 | Property Value & History | OnTheHouse
 
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58A Monash Street
Sunshine VIC 3020

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Property Details for 58a Monash St, Sunshine

58a Monash St, Sunshine is a bedroom, bathroom House.

Building Type
House

Last Listing description (July 2009)

STRATEGIC STRIP OPPORTUNITY!
TWO SUBSTANTIAL DOUBLE STOREY RETAIL PREMISES TO BE SOLD AS ONE, BOASTING MAIN ROAD EXPOSURE IN THIS VERY BUSY RETAIL PRECINCT. REPRESENTING A SOUND ADDITION TO ANY PROPERTY PORTFOLIO THESE PROPERTIES WILL APPEAL TO BOTH FIRST-TIME AND SEASONED INVESTORS AND WILL PROVIDE A STRONG RETURN ON INVESTMENT IN BOTH THE SHORT AND LONG TERM. SITUATED ALONG THE DIRECT ROUTE TO SUNSHINE SHOPPING CENTRE THESE PREMISES BENEFIT ENORMOUSLY FROM CONSTANT DAY LONG PASSING TRAFFIC, AND BEING HOME TO A WELL KNOWN ESTABLISHED TAKE-AWAY FOOD BUSINESS, ENJOY A STRONG MARKET PRESENCE WELL KNOWN AND SUPPORTED BY THE LOCAL COMMUNITY.
BUILT ON A SITE OF APPROXIMATELY 335 SQUARE METRES THESE TWO VERSATILE DOUBLE STOREY RETAIL SHOPS OF APPROXIMATELY 283 SQUARE METRES ARE DOUBLY ADVANTAGED BY REAR LANE WAY ACCESS AND A FULLY SELF-CONTAINED FIRST FLOOR AREA WHICH HAS ITS OWN DIRECT SEPARATE FRONT STREET ACCESS (MAKING IT IDEAL FOR EITHER RESIDENTIAL OR OFFICE USE).

CURRENTLY LEASED TO A LONG STANDING BUSINESS ON A NEW 3 YEAR LEASE COMMENCING ON 18 JULY 2008 RETURNING $35,100PA PLUS GST THE PROPERTY OFFERS THE ASTUTE PURCHASER WITH AN EYE TO THE FUTURE A RANGE OF POSSIBILITIES INCLUDING LONG TERM SUBDIVISION POTENTIAL (STCA).
EITHER WAY THIS IS A REALLY OUTSTANDING OPPORTUNITY TO INVEST IN A PROPERTY OFFERING A MAJOR INVESTMENT UPSIDE...THE CHOICE IS YOURS!

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Property History for 58a Monash St, Sunshine, VIC 3020

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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 5,918 properties. Over the last 5 years, Houses in Sunshine have seen a 14.67% increase in median value, while Units have seen a 8.86% increase. As at 31 December 2025:

  • The median value for Houses in Sunshine is $886,079 while the median value for Units is $523,937.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 29 properties listed for sale, and 22 properties listed for rent in Sunshine on OnTheHouse. According to Cotality's data, 232 properties were sold in the past 12 months in Sunshine.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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