1-5/35 Sun Crescent
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About this property
LAND. LOCATION. HIGH DEMAND. GROWING RENTAL YIELDS & CAPITAL GROWTH. FUTURE CAPITAL OF THE WESTERN SUBURBS. 5 Units on 5 Titles across a sensational 911m2 of land. 35 Sun Crescent is for the savvy investor with an eye to the future, ready to capitalise on Sunshine's journey to becoming the destination of infrastructure, transport, employment and economic activity. A rarely available investment has hit the market at the most opportune time, as federal and state governments have committed $6.1 billion to the Melbourne Airport Rail Link, which will turn Sunshine Station into a Superhub. The recently opened West Gate Tunnel has further boosted access and reduced travel times to this prime location - only 11km's west of Melbourne CBD. 10 KEY FACTS: 1. Land Area 911m² with over 21m frontage. 2. General Residential Zoning (GRZ1) with no heritage or flood overlays. 3. Updated, well maintained and low maintenance block. 4. Market rental $107,000 pa approx. 5. Total annual running costs do not exceed $16,500 approx. 6. No Body Corporate. 5 units. 5 titles. 7. All electric appliances with Compliance Certificates up to date. 8. Secure and stable holding income with development upside. 9. Directly adjacent to Sunshine CBD and only 300m to Sunshine Station. 10. Potential alternative uses & huge returns as Sunshine transforms into the Capital of the West. 35 Sun Crescent is a Blue Chip Investment which provides uncapped future growth. Secure your future in the Capital of the West.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 5
- Parking
- 5
- Land Area
- 911 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Sunshine
This 6-bedroom land in Sunshine, VIC 3020 sits within reach of public transport, local shops and nearby schools.
Schools near Sunshine
- Our Lady of the Immaculate Conception Schoolprimary · Prep-6 · CoEd
- Sunshine Harvester Primary Schoolprimary · Prep-6 · CoEd
- Sunshine Heights Primary Schoolprimary · Prep-6 · CoEd
- Sunshine Primary Schoolprimary · Prep-6 · CoEd
- Hester Hornbrook Academy - Sunshine Campussecondary
- Saints College - Sunshine Campussecondary
What's nearby
- Sunshine Station (Bay 6) (bus) — 351 m away
- New Sunshine — 259 m away
- R T Pollard Gardens — 285 m away
- Leith Avenue Reserve — 530 m away
- Kevin Wheelahan Gardens — 757 m away
Sunshine at a glance
Full suburb profile- Population
- 9,445
- Median age
- 35
- Household income
- $1,566/wk
- Median rent
- $340/wk
- Median mortgage
- $1,842/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Sunshine price trend
Median sold · House 3 bed
Compound growth -1.6% / yr over 4 yrs
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