14 Mailey StreetSunshine West VIC 3020
Property Details for 14 Mailey St, Sunshine West
14 Mailey St, Sunshine West is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1960. The property has a land size of 924m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Last Listing description (January 2024)
Nestled on an expansive 923m² (approx.) land parcel, this property presents a compelling opportunity for discerning investors. Comprising three separate units, all under one title, this versatile holding generates a substantial annual rental income of approx $48,000 per annum.
Boasting a solid income stream, these three units ensure a reliable return on investment from the outset. Beyond its immediate financial appeal, the property's sizable land offers exciting prospects for future development, allowing for potential expansion or redevelopment in line with your investment strategy ( STCA ).
Convenience is key, with local schools, shopping along Glengala Road, eateries, Sunshine Central, and public transport all within easy reach. This location is a commuter's dream, with seamless access to buses and train services.
This property represents a seamless blend of immediate rental income and substantial future development potential. Don't miss out on this outstanding investment opportunity. Arrange your inspection today and secure your stake in this promising real estate venture.
Property History for 14 Mailey St, Sunshine West, VIC 3020
- 06 Jan 2024Sold for $800,000
- 01 Nov 2023Listed for Sale Contact Agents
- 16 Apr 2002Sold for $270,000
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0About Sunshine West 3020
The size of Sunshine West is approximately 9.6 square kilometres. It has 22 parks covering nearly 7.5% of total area. The population of Sunshine West in 2016 was 18580 people. By 2021 the population was 18552 showing a population decline of 0.2% in the area during that time. The predominant age group in Sunshine West is 30-39 years. Households in Sunshine West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine West work in a professional occupation.In 2021, 68.30% of the homes in Sunshine West were owner-occupied compared with 67.70% in 2016.
Sunshine West has 8,596 properties. Over the last 5 years, Houses in Sunshine West have seen a 15.11% increase in median value, while Units have seen a 15.42% increase. As at 30 April 2026:
- The median value for Houses in Sunshine West is $793,314 while the median value for Units is $619,689.
- Houses have a median rent of $500 while Units have a median rent of $490.
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