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Dominant, Versatile Freehold With Upside

242 Hampshire Road, SUNSHINE VIC, 3020

Sold

Property Sold in 242 Hampshire Road, SUNSHINE VIC, 3020

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000

Listing ID:
11323778
Status:
Sold
Last Updated:
18/02/2019
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Property Type

Retail/Offices/Land/Development
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Land Area

433 SQM
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Floor Area

800 SQM
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Parking

N/A

Dominant, Versatile Freehold With Upside

• Outstanding two storey building of 800sqm* positioned in the heart of Sunshine
• Each level is fully self-contained with separate access and amenities
• Land area: 433sqm*
• Double frontage of 12.80m* to Hampshire Road and 12.87m* to Mann Place
• Within Activity Centre Zone – Schedule 1 (ACZ1)
• Excellent future development potential with this highly favourable zoning allowing for a mixture of uses of up to 4-5 levels (stca)
• Currently returning $115,000 pa with a potential return of $200,000 pa* on a fully leased basis
• Ground floor - 3 x 3 year lease to Oak Possibility
• First Floor- offered vacant. Fully fitted office with lift access, ready to be occupied
• Convenient public transport services nearby with Sunshine Train Station (200m*) and the Bus Interchange (300m*)
• Positioned within major retail and commercial hub, metres from the new Vic Roads building, the $51 million Brimbank Community & Civic Centre along with Sunshine Plaza and Sunshine Market Place (Woolworths, Village Cinemas, Big W).
• Booming location with Sunshine benefiting from over $1 billion in public and private investment over the past five years
• Rare opportunity to secure a prime commercial building in one of Melbourne’s genuine growth suburbs only 12kms* from Melbourne’s CBD

FOR SALE BY PUBLIC AUCTION - WEDNESDAY 28th NOVEMBER at 1PM ONSITE

*approx.

For more details, please email agent

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000


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