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Ex-Masters Sunbury, 3 Deveny Road
Sunbury VIC 3429
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Stonebridge Property Group VIC

Ex-Masters Sunbury, 3 Deveny Road Sunbury VIC 3429

  • Showrooms / Bulky Goods
  • 13,645 m²
  • For Sale, Comtact the Stonebridge Team

An Opportunity of Exceptional Income Security, Rental Growth and Future Flexibility

  • Ex-Masters Home Improvement
  • Fully Leased with Growing Income
  • Future Repositioning Potential

Stonebridge is pleased to exclusively present for sale the Ex-Masters in Sunbury, an exceptionally rare opportunity to acquire a major investment fully leased to Home Investments Consortium Company Pty Ltd with strong future repositioning potential.

The key highlights of the opportunity include:

- Ex-Masters Home Improvement fully leased to Home Consortium Company Pty Ltd (ASX listed company guarantee)

- Secure and growing income, 9.5-year WALE with lesser of CPI and fixed 3.5% annual increases

- Highly flexible floorplate, spread over a GLAR of 13,645 sqm* creating future flexibility

- Expansive and high exposure 3.631-hectare* corner site on the main arterial into Sunbury and opposite a shopping centre

- Sunbury is expected to experience 4.04% p.a. population growth^ and is undersupplied by large format retail uses

- Excellent future reconfiguration/repositioning potential with uses including LFR, car dealerships and self-storage

- Estimated net operating income of $2,320,000 p.a.*

Ex-Masters in Sunbury is For Sale via Public Expressions of Interest closing Thursday 28th November at 5pm (AEDT)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents

Justin Dowers
0438 098 805

Kevin Tong
0422 848 818

*Approximately

^Forecast .id

Property Code: 1114

Property Highlights

Floor Area13,645 m²
Land Area3.63 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019586064
Category
Last updated  24 Oct 2024
Map for Ex-Masters Sunbury, 3 Deveny Road Sunbury VIC 3429

Property Highlights

Floor Area13,645 m²
Land Area3.63 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019586064
Category
Last updated  24 Oct 2024

Co-Agents

Justin Dowers
Stonebridge Property Group VIC
Call
+61 438 098 805
Kevin Tong 汤聪瑜
Stonebridge Property Group VIC
Call
+61 422 848 818

More about Ex-Masters Sunbury, 3 Deveny Road Sunbury VIC 3429

Ex-masters Sunbury, 3 Deveny Road Sunbury VIC 3429 is categorized as Showroom & Bulky Goods Property. It has a floor area of 13,645 m² and a land area of 3.63 ha. The listing ID for this property is 2019586064.

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