NATIONAL-TENANT INCOME AND ONE VERY BANKABLE SUNSHINE CORNER.

Overview

Description

Private Sale by Closing Date: Thursday, 22 October at 3 pm

POINT OF INTEREST:

Some investments are bankable by nature. This one is banked by Westpac. Prominently cornered in Sunshine’s commercial heart, 8 & 9/320 Hampshire Road pairs national-tenant income with two adjoining titles, 419 sqm* of Activity Centre land, and a future being reshaped by billions in infrastructure. Westpac occupies the 315.2 sqm* premises on a current lease to July 2028, with options until 2034. Current rent sits at $140,805.84 p.a. plus GST*, with annual reviews.

A modern fitout features partitioned offices, teller and rear office accommodation, staff kitchen and amenities, while two ATMs and extensive glazing make good use of the prominent corner.

Substantial 13.96 m* of Hampshire Road frontage meets 30 m* of Service Street exposure, with public parking immediately behind and Sunshine’s major retail, civic and transport amenity surrounding it.

This precinct features all the majors including Village Cinemas, Woolworths, Aldi, Chemist Warehouse and Bunnings. With Sunshine Railway Station nearby and major rail investment reshaping the precinct, Westpac has already chosen the corner — now investors can bank on what comes next.

- Prominent single-level corner retail investment leased to long-standing tenant Westpac.
- $140,805.84 plus GST ($116,332.80 p.a. net estimate) passing annual leasing income.
- Three-year lease from 1 August 2025 with options through to 2034.
- Westpac is ranked in the top 15 largest companies in Australia with a market cap of $83 billion, more than 33,000 employees and turnover close to $60 billion.
- Offered to market for the first time in more than 27 years.
- Activity Centre Zoning.
- Within a 17 metre* (4–5 storey) preferred maximum development height precinct.
- 13.96 m* frontage to Hampshire Road and 30 m* exposure along Service Street.
- Public parking immediately behind the premises.
- Directly opposite Sunshine Plaza & Sunshine Market Place Shopping Centre & Brimbank City Council Municipal Offices.
- 500 m* to Sunshine Railway Station.
- 2.3 km* to Western Ring Road.


POINT OF VIEW:

Westpac has chosen the corner; billions in infrastructure are choosing the neighbourhood. With a corner position within Sunshine’s busiest precinct, this is an investment even the bank would approve of.


*Approx.
Pricing excludes GST