85 Vineyard Road Sunbury VIC 3429

Burgess Rawson is pleased to announce the successful off-market sale of Sunbury Showrooms located at 85 Vineyard Road, Sunbury VIC 3429.

The property has the following investment highlights:

+ 100% leased to national tenancy mix anchored by The Good Guys.
+ The Good Guys: Market leading white goods and electronics retailer, wholly owned by JB Hi-Fi (ASX: JBH), with a market cap of $5.73 billion. (1)
+ Landlord-favourable net lease, with land tax recoverable from two tenancies.
+ Diversified rental income growth through fixed annual increases of 3% & 3.25%, or CPI reviews.
+ High exposure 12,140 sqm* corner site landholding, with a total frontage of 221m* to McDougall Road and key commuter route Vineyard Road, with 22,000* vehicles passing daily. (2)
+ Modern 5,554 sqm* centre with 143 carparks on-title.
+ Flexible Industrial 3 Zoning.
+ Positioned perfect in Sunbury's absolute commercial centre, this property benefits from being opposite a high performing Bunnings Warehouse, with Coles, Woolworths, Hungry Jack's, Big W, Sunbury SC, and Sunbury train station all within 1.4 km*.
+ The property services a strong local catchment encompassing Sunbury and its surrounding suburbs, with no competitor within a 13 km* radius. (2)
+ Sunbury: Booming Sunbury/Northern growth corridor, with population forecast to grow 137.1% by 2046. (3)
+ Hume City: One of the fastest growing municipalities in Australia, 13km* north from Melbourne CBD. (3)

Please contact the sales team for more information on this transaction.

* Approximate
1 The Good Guys
2 Gapmaps
3 Profile.id