High Calibre Retail Investment

248, Hampshire Road, SUNSHINE, VIC, 3020

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251.00 m2

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Overview

High Profile retail premises in the heart of Sunshine’s Hampshire Road, one of Melbourne’s best performing Retail and Commercial Strips.

GrayJohnson is pleased to offer for sale this well-maintained, single-storey property located in Sunshine’s bustling Activity Centre Zone.

The opportunity:
• Valuable Land Area: 294 sqm*
• Building Area: 251 sqm*
• Rental: $69,000 pa net plus GST with annual 4% reviews
• Main road plus laneway access
• Activity Centre Zone

With a brand new 5-year lease in place with attractive 4% annual rental reviews, this is an outstanding opportunity to invest in a tightly-held retail strip close to Sunshine railway station.

Sunshine is a focus for development with the regional rail link, including the multi-million dollar upgrading of the station, making it the gateway to Western Victoria.

Hampshire Road is the major movement spine through the centre of Sunshine

The location:
• Lively shopping strip location
• 200m* from Sunshine railway station
• Easy access to Western Ring Road and motorway network

Auction Wednesday 7 June @ 12 noon

*approx

Key Details

Status

Sold

Type

Retail

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Their interests are our priority

Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

Peter Kirkpatrick

Charter Keck Cramer

To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

Egbert Pereira

EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

Trent O'Sullivan

Balance Advertising

I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

Armitage Jones

We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.