52 Macedon Street, Sunbury 3429 Sold

The Gateway To Sunbury - Forthcoming Auction

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Irresistible to the savvy investor, this once in two generations opportunity sees an extraordinary offering of five shops and a residence on a huge site of approximately 1023m2, zoned C1Z, featuring excellent exposure at the gateway to Sunbury. Largely securely leased with successful established businesses/long term tenants on site who have stood strong in the face of this year’s challenges, the combined rental yield of approximately $6,100 pcm impresses. Appeal is underscored by the attraction of the location to any future tenants, should an opportunity arise: next to the buzzing Ball Court Hotel near a big range of amenities it’s a strong position to occupy. The nature of the multiple tenant investment minimises the financial risk of a vacant property, good on-street parking in the area enhances appeal and other possibilities also tempt, given the vast land size and prime position. Into the future an impressive new mixed use development is an exciting prospect (subject to council approval) but the appeal is real right now.

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