37-39 Gap Rd, Sunbury

37- 39 Rd Gap Sunbury for sale by Expressions of Interest closing on Thursday 17th June 2021 at 3pm

37 - 39 Rd Gap Sunbury

CONTENTS 04 INTRODUCTION 06 EXECUTIVE SUMMARY 10 LOCATION 14 PROPERTY PARTICULARS 15 DEVELOPMENT OUTCOMES 18 SUNBURY LINE UPGRADE 22 SALE METHOD

37- 39 Gap Rd Sunbury

INTRODUCTION

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Aston Commercial are pleased to offer 37-39 Gap Road, Sunbury for sale by Expressions of Interest closing on Thursday 17th June at 3pm.

This prime 1,620sqm* site is situated right on the fringe of Sunbury’s major retail precinct and is adjacent to a newly formed medical and health hub.

Aston Commercial highly recommends this development opportunity in what is fast becoming a satellite city of of Melbourne’s North West Region.

Offering dual frontages this land lends itself to several Commercial development outcomes including Office, Bulky Goods Retail, Childcare or Allied Health.

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EXECUTIVE SUMMARY

37-39 Gap Road Sunbury LOCATION

DESCRIPTION

This property is positioned approximately 39km’s North-West of Melbourne’s CBD and is just a short distance from the Horne Street retail precinct.

Vacant corner double block with a significant combined street frontage over 80 metres*

LAND AREA

ZONING

A square allotment of 1,620 sqm*

Commercial 2 Zone - C2Z

METHOD OF SALE

TERMS OF SALE

For Sale via Expressions of Interest closing Thursday 17th June 2021 at 3pm

10% deposit with settlement in 60-120 days

EXCLUSIVE SELLING AGENTS

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Liam Rafferty

Jeremy Gruzewski

Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au

Director of Agency 0422 211 021 jeremy@astoncommercial.com.au

37- 39 Rd Gap Sunbury

LOCATION SUNBURY 3429 This property is located in Sunbury approximately 39 km north-west of Melbourne’s CBD on the fringe of the town’s Commercial centre.

Located within the City of Hume this is one of Melbourne’s Residential growth corridor locations with an expected population increase of 115% forecast by 2041.

The surrounding area is well serviced by public transport with Sunbury Railway Station active on both the metro rail line and also serves the V/Line with services to Bendigo and Echuca.

Access to Melbourne Airport and the CBD is also highly accessible by major arterial the Calder Freeway.

Some nearby businesses and infrastructure includes:

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RETAIL

EDUCATION

• Sunbury Square Shopping Centre • Coles • Woolworths • Big W • Target • Bunnings • BP • Hungry Jacks

• • • • •

SPECIALIST

TRANSPORT

• • • •

• Sunbury Railway Station • Bus Service (Routes 481, 485)

Sunbury Veterinary Clinic Gap Road Medical Centre Dorevitch Pathology Gap Road Pharmacy

Sunbury College Sunbury West Primary School Our Lady of Mount Carmel School St Anne’s School Salesian College

37- 3 Gap

Sunbu

39 p Rd

ury

PROPERTY PARTICULARS TITLE PARTICULARS The property is outlined on the Certificate of Title as follows: Volume 08255 Folio 708 Crown Allotment 1 Section 25 Township of Sunbury and Crown Allotment 2 Section 25 Township of Sunbury Parish of Buttlejorrk on Title Plan 317560F

LAND DIMENSIONS AND AREA Gap Road Frontage

40.23 metres*

Pasley Street Frontage

40.05 metres*

Southern Boundary

40.23 metres*

Western Boundary

39.94 metres*

Total Land Area:

1,620 square metres*

*approx.

ZONING Under the Hume City Council Planning Scheme the land is zoned Commercial 2 – CZ2.

The land is also subject to the following overlay DDO - Design And Development Overlay Schedule 2

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DEVELOPMENT OUTCOMES This site has numerous development outcomes with council zoning supporting as follows.

Commercial 2 To encourage commercial areas for offices, appropriate manufacturing and industries, bulky goods retailing, other retail uses, and associated business and commercial services.

OFFICE

MEDICAL

Opportunity to build Commercial grade office where we have seen a recent shift to Satellite locations for Corporate and Government agencies.

Subject to planning approval the site could work well for Allied Health and Specialist medical. The immediate area has become recognised as a health precinct with several other specialists locally.

FAST FOOD

BULKY GOODS

Following the neighbouring success of Hungry Jacks other chains like to position themselves amongst other fast-food operators, service stations in retail corridors.

This zoning has traditionally suited large format bulky good retailers. With the expansive frontage this site would work well as a large showroom.

CHILDCARE With the dual frontage providing flexibility in traffic management the potential to accommodate a boutique sized childcare centre with at grade or dual level options potentially achievable.

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SUNBURY LINE UPGRADE “The Sunbury Line Upgrade will enable more modern trains to run on the line, creating room for 113,000 more passengers every week” Why is the Sunbury Line Upgrade needed?

Patronage on the Sunbury Line is increasing at a rapid rate with demand set to exceed capacity in the next decade. The Sunbury Line Upgrade, in conjunction with the Metro Tunnel, will deliver major improvements in capacity, reliability and frequency of services on the Sunbury Line.

More modern trains for the Sunbury Line To take full advantage of the extra capacity on the rail network created by the Metro Tunnel, a range of enhancements are needed on the Sunbury Line to enable more modern trains to run. The $2.1 billion Sunbury Line Upgrade will see various upgrades within the rail corridor extending from Sunbury to Footscray. These upgrades will ensure more modern trains can reliably run all the way from Cranbourne and Pakenham to Sunbury, linked through the CBD by the Metro Tunnel.

The new trains will provide a more comfortable ride for passengers with improved seating, standing areas, cooling and heating designed for Melbourne’s weather. The Sunbury Line Upgrade will deliver: • • • •

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Platform extensions at 8 stations between Sunbury and Footscray Wheelchair boarding platforms at eight stations Train stabling upgrades at Sunbury, Calder Park and Watergardens Power upgrades between Sunbury and the Metro Tunnel entrance near South Kensington station.

SALE METHOD

METHOD OF SALE

TERMS OF SALE

For Sale via Expressions of Interest closing Thursday 17th June 2021 at 3pm

10% deposit with settlement in 60-120 days

INSPECTIONS

CONTRACT OF SALE & VENDORS STATEMENT

Strictly by private appointment with the exclusive selling agents.

Available upon request.

EXCLUSIVE SELLING AGENTS

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Liam Rafferty

Jeremy Gruzewski

Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au

Director of Agency 0422 211 021 jeremy@astoncommercial.com.au

37- 39 Rd Gap Sunbury

DISCLAIMER This document has been prepared by Aston Commercial Pty Ltd for advertising and general information only. Aston Commercial Pty Ltd do not guarantee, warrant or represent that the information contained in this document is correct. Any interested party should undertake their own enquiries as to the accuracy of the information. Aston Commercial Pty Ltd excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damage arising therefrom. *Approximate