For Sale

14 Brook Street, SUNBURY 3429

  • Building Area 739 m²
  • Sale Price Over 5.5% Return!

CIRCA 5.5% RETURN! FULLY LEASED INVESTMENT IN ACTIVITY CENTRE PRECINCT

Highlights

  • SECURE FULLY LEASED INVESTMENT
  • FANTASTIC FUTURE VALUE ADD POTENTIAL
  • HUGE GROWTH LOCATION

Description



Gorman Allard Shelton are pleased to offer for sale 14 Brook Street, Sunbury by Expressions of Interest closing Thursday 14 July 2022 at 2pm.

This fantastic, fully leased retail opportunity provides the following benefits;

- Land Area: 452sqm*
- Double storey building of 739sqm*
- Fully leased with a current net income of $222,235.61 *per annum* (plus GST) across 5 tenancies
- Prominent frontage to Brook Street of 15.5 metres* plus side laneway frontage
- Huge Long Term Value Add Potential (STCA)
- Located in a tightly held retail precinct
- Huge growth location with Sunbury’s population expected to double over the next 20 years, from 42,494 (2021) to 86,640 (2041)

For further information or to arrange an inspection, please contact the exclusive selling agents.

Tenure

Tenanted Investment

GST

All prices quoted are exclusive of GST.

Building Area 739 m² Land Area 452 m²

Documents

Agents

Christian Hatzis

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