Stonebridge Property Group is pleased to present for sale, under instructions from Vendor Marketing and JACX Property, 525 Reservoir Road, Sunbury, a 5.54 Ha* landholding located within the future Sunbury West PSP.
This property sits in Hume City Council, one of Australia's fastest-growing regions (City of Hume 2023), approximately 37 km* northwest of Melbourne's CBD.
The key highlights of the opportunity include:
- Expansive 5.54 Ha* landholding in the future Sunbury West PSP
- Concept plan for 92 residential lots (STPA)
- Conveniently accessible via the Sunbury Train Station (4.6 km*), offering a direct link to Melbourne's CBD
- Just 730 m* from Calder Freeway, providing direct access to Melbourne and Bendigo
- Excellent local education options, including Sunbury Heights Primary School (2.9 km*)
- Proximity to major retail amenities, only 4.3 km* from Sunbury CBD, home to Woolworths, Coles, Big W, and more
- Rapidly growing population: Sunbury's current population of approximately 40,701 residents (ABS 2021) is projected to surge by 148%, reaching 101,065 residents by 2041 (forecast.id 2024), putting significant pressure on housing demand and home values
- Strong real estate performance: The median house price in Sunbury is currently $667,000, reflecting a robust 27.5% growth over the past four years (REIV 2024)
525 Reservoir Road, Sunbury is offered for sale via Expressions of Interest closing Thursday 17th October 2024 at 2:00pm (AEDT). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
Lucas Gentile
0418 516 056
Julian White
0422 764 137
Chao Zhang
0411 625 068
Under instructions from Vendor Marketing and JACX Property
* Approximately
Property Code: 1060
