Ex-Masters Sunbury, 3 Deveny Road, Sunbury, Vic 3429

Showrooms/Bulky Goods
|Retail
|Industrial/Warehouse
Comtact the Stonebridge Team
Comtact the Stonebridge Team
Published on: 24 Oct 2024
Last updated on: 24 Oct 2024
Ex-Masters Sunbury, 3 Deveny Road, Sunbury, Vic 3429
Ex-Masters Sunbury, 3 Deveny Road, Sunbury, Vic 3429
Ex-Masters Sunbury, 3 Deveny Road, Sunbury, Vic 3429
+11
Ex-Masters Sunbury, 3 Deveny Road, Sunbury, Vic 3429
  • 11
Property ID: 504720096
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Key property information

Land Size
390,837.59 sq ft
Floor Area
146,873.56 sq ft

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

Ex-Masters Sunbury, 3 Deveny Road, Sunbury, Vic 3429
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 汤聪瑜
0422 848 818

*Approximately

^Forecast .id

Property Code: 1114
        

Property Details

Basic Info

Property Type
Showrooms/Bulky GoodsRetailIndustrial/Warehouse
Listing Status
On Market
Land Size
390,837.59 sq ft
Address
Ex-Masters Sunbury, 3 Deveny Road, Sunbury, Vic 3429
Justin Dowers
Justin Dowers
Kevin Tong 汤聪瑜
Kevin Tong 汤聪瑜
Level 19, 627 Chapel Street, South Yarra, Vic 3141
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Contact Agent

Email enquiry to Stonebridge Property Group - Melbourne

Justin Dowers
Justin Dowers
Kevin Tong 汤聪瑜
Kevin Tong 汤聪瑜
Level 19, 627 Chapel Street, South Yarra, Vic 3141
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      Property ID: 504720096

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