Target Sunbury, 114-126 Evans St, SUNBURY | Property for sale | Savills
5,150 m²
Price on application

Target Sunbury114-126 Evans St, SUNBURY

  • Freehold
Retail
5,150 m²

Key features

  • Prominent Retail Tenancy
  • Backed by Wesfarmers Covenant
  • Situated in the Heart of Sunbury

Major Retail Investment with Significant Repositioning Potential

About this property

  • Savills is delighted to offer for sale Target Sunbury, a prime investment opportunity in the heart of Sunbury’s Activity Centre.

    Key attributes of the property include:
    • Substantial Gross Lettable Area of 5,150sqm*
    • Current net income of approximately $791,475pa*
    • Underpinned by the highly sought after Wesfarmers covenant
    • Low base rent of $153 per sqm* offering future rental upside
    • Commercial 1 zone providing scope for development & subdivision opportunities (STCA)
    • Potential future warehouse / last mile logistics conversion (STCA)
    • Adjacent to Sunbury Station Upgrade due for completion by end of 2022
    • Convenient on-grade car parking for 308 vehicles
    • Well-established & growing trade catchment in one of Melbourne’s biggest growth areas

    *Approximate

    For Private Sale

    For further information please contact:

    Rick Silberman - 0432 831 511
    Steve Bolton - 0419 323 997

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aPrivate Treaty5150.00sq mAvailable