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Stonebridge Property Group - Melbourne

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

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

Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial

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Sale

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Key property information

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Floor area

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Stonebridge Property Group - Melbourne
Justin Dowers
Kevin Tong 汤聪瑜

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
Ex-Masters Sunbury, 3 Deveny Road
Sunbury, VIC 3429

Map of Ex-Masters Sunbury, 3 Deveny Road

Directions
  • Train stations within 5 km of Ex-Masters Sunbury, 3 Deveny Road, Sunbury, VIC 3429Distance
    Sunbury Station2.1 km
    Diggers Rest3.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Ex-Masters Sunbury, 3 Deveny Road, Sunbury, VIC 3429Distance
    Rosenthal BVDVineyard Rd535 m
    McDougall Rd/Vineyard Rd (Sunbury)763 m
    Ironbark Dr/Belleview Dr (Sunbury)795 m
    Narani Ct/Vineyard Rd (Sunbury)820 m
    Betula Tce/Belleview Dr (Sunbury)864 m
    POWERED BY HERE ©
POWERED BY HERE ©

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 8...

Kevin Tong 汤聪瑜
0422 848 8...

*Approximately

^Forecast .id

Property Code: 1114

Property ID: 504720096Last Updated: 24 Oct 2024

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