For Sale
An Opportunity of Exceptional Income Security, Rental Growth and Future Flexibility
Ex-Masters Sunbury, 3 Deveny Road, Sunbury VIC
Closing Soon
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.*
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
