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Investment Highlights

  • Full apartment block with nine separate titles, including eight 1-bedroom units and one 2-bedroom unit.
  • Located within walking distance of Sunshine train station, CBD, and local market.
  • Positioned on a 769 m² corner block with dual street frontages.
  • Proximity to shops, cafes, medical centers, and leisure facilities.

Executive Summary

An exceptionally rare opportunity presents itself to acquire an entire apartment complex in the central Sunshine precinct. Comprising nine fully self-contained apartments and occupying a prime 769 m² corner block with dual street frontages, this asset aligns with strong rental demand in a well-connected metropolitan location. The unit mix includes eight one-bedroom apartments and one two-bedroom apartment, all with separate titles, allowing for additional flexibility in ownership or resale strategies.
The property benefits from its strategic proximity to Sunshine’s CBD, market, and train station—all within a short walk—positioning it as an appealing proposition for both investors and future development considerations. Accessibility to key services such as medical centers, cafes, and retail amenities reinforces tenant appeal and underpins reliable occupancy rates. Sunshine’s ongoing urban renewal and infrastructure investments continue to enhance the suburb’s residential desirability, further strengthening this block’s long-term capital growth potential. With secure rental returns already in place and a location offering significant future upside, this property is well suited to portfolio builders and investors targeting income stability paired with capital appreciation.

Property Facts

Price $1,755,803
Sale Type Investment
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.19 AC
Building Size 16,555 SF
No. Stories 2

Amenities

Site Amenities

  • Fenced Lot
  • Listing ID: 40486510

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 87 Devonshire Road, Sunshine, VIC 3020

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