1 Metherall Street, Sunshine North, Vic 3020

$715,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
656 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 1 Metherall Street, Sunshine North, Vic 3020)

$715,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile Sunshine North property offering a spacious main home, a self-contained bungalow, and excellent development potential in a sought-after location.

🏡 Property Highlights

  • Generous 656 m² landholding with development potential (STCA)
  • Separate self-contained bungalow/studio with its own bathroom
  • Currently generating $2,172 per month in rental income
  • Ideal for investors, developers, or families seeking space
  • Well-maintained three-bedroom main residence
  • Prime location close to schools, shopping, transport, and parks

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Sunshine North is a rapidly growing suburb renowned for its convenient access to local amenities, excellent transport links, and family-friendly parks. The area offers a vibrant community atmosphere, diverse shopping options, and proximity to educational institutions, making it an ideal location for both investors and families seeking a dynamic lifestyle. With ongoing development and infrastructure improvements, Sunshine North presents a promising opportunity for future growth.

What is the current condition of the property and its potential for renovation?
The property is well-maintained and offers significant scope for renovation or further development, subject to council approval.
Is the property suitable for extended family or additional rental income?
Yes, the self-contained bungalow/studio with its own bathroom makes it ideal for extended family, guests, or rental income.
What are the nearby amenities and transport options?
The property is conveniently located close to local schools, shopping precincts, public transport, and parklands, providing easy access to daily essentials and commuting options.
Can the land be developed further?
Yes, the generous landholding offers potential for development or subdivision, subject to council approval (STCA).
What is the rental yield and current tenancy status?
The property is currently rented on a month-to-month basis, generating approximately $2,172 per month, offering flexibility for future plans.
Are there any zoning restrictions or easements affecting the property’s development potential? Have any recent inspections revealed structural issues or defects? Are there any upcoming planning or construction projects in the area that could impact the property? What are the council rates and any additional costs associated with the property? Is the property located in a flood or bushfire-prone zone? Are there any strata or body corporate fees applicable if applicable? What are the terms of the current tenancy, and are there any rent increases planned? Are there any restrictions on the use of the bungalow/studio for rental purposes? Has the property been affected by any recent adverse weather events? Are there any planned infrastructure upgrades or developments in the neighbourhood?

1 Metherall Street, Sunshine North, Vic 3020 - More Details

$715,000

Positioned in a sought-after pocket of Sunshine North, this versatile property presents an outstanding opportunity for savvy investors, developers, or families seeking additional space and flexibility.

Set on a generous allotment, the home comprises a well-maintained three-bedroom residence complemented by a separate bungalow studio at the rear, complete with its own bathroom - ideal for extended family, guest accommodation, or additional rental income.

Currently returning $2,172 per month on a month-to-month tenancy, this property offers immediate income with the flexibility to occupy, renovate, or further enhance at your discretion.

Property Features:

Three spacious bedrooms in the main dwelling
Central bathroom servicing the main home
Fully self-contained bungalow/studio with bathroom at the rear
Functional layout with strong rental appeal
Month-to-month tenancy providing flexibility for future plans
Generous landholding with scope to add value (STCA)
Perfectly located close to local schools, shopping precincts, public transport, and parklands, this is an opportunity not to be missed in one of the west's most rapidly growing suburbs.

Whether you're looking to invest, develop, or move in, this property ticks all the boxes.

Enquire today to secure a high-potential asset in Sunshine North.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
656 m²

Price guide

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