Back 203/1 Foundry Rd
Off Market

203/1 Foundry Rd

Sunshine VIC 3020

1
1
1
Apartment
Last sold for $317,000
Brenda NganBrenda Ngan, last sold this property on 15 February 2026 after -54 days on market.

Overview

MODERN SUNSHINE APARTMENT - STEPS TO EVERYTHING, MINUTES TO THE CITY

Currently tenanted at $380 per week ($1,646.67 per month), this apartment provides immediate rental income, making it an ideal investment opportunity. The property can also be owner-occupied after providing 90 days' notice, making it suitable for first-home buyers or those looking to move in and live. Ready to rent out or move in, this modern and low-maintenance apartment presents an outstanding opportunity for downsizers, first-home buyers, or savvy investors seeking strong and consistent rental returns. Positioned for ultimate convenience, the apartment is located right next to Sunshine Marketplace Shopping Centre, with Woolworths, cafés, and essential services just a few steps away. Bus route 220 is located directly at the front of the building, offering a direct route to the Melbourne CBD and Sunshine Station, while the train station is only a short walk away. Set within the sought-after Foundry Apartment complex, this immaculate one-bedroom apartment showcases a contemporary open-plan design featuring a modern kitchen with stainless steel appliances and stone benchtops. The light-filled meals and living area flows seamlessly to a generously sized private balcony, ideal for relaxing or entertaining. Comfort is assured year-round with reverse-cycle air-conditioning providing both heating and cooling. The bedroom is spacious and fitted with built-in robe, while the well-appointed central bathroom completes the home. Additional highlights include secure entry with intercom, secure mailbox area, undercover car parking, and storage. Enjoy an unbeatable lifestyle with shops and cafés on the ground floor, easy access to Ballarat Road and the Western Ring Road, a quick commute to the CBD, and approximately a 15-minute drive to Melbourne Airport. A quality, low-maintenance property in a prime location, close to shops, station, with a direct bus to the City and Sunshine Station right at the front of the building - perfect to live in or invest. Contact Khoi Nguyen on 0451 798 151 or Brenda Ngan on 0435 152 545 for full details.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Sunshine over the last 12 months, the estimated median property value of 203/1 Foundry Rd is $262.5k.

Median value
$262.5k
Estimated value range
$213k - $320k
Median days on market
29
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sunshine. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 203/1 Foundry Rd

2026
Sold
$317,000
15 Feb 2026 by Brenda Ngan, of Create Real Estate
2021
Rented
Undisclosed
Leased on 19 Mar 2021 by Create Real Estate
2017
Rented
Undisclosed
Leased on 25 Dec 2017

Happy sellers in Sunshine

88%
88% of sellers in Sunshine reported that their sale price either exceeded or met their price expectations.

Sunshine stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Sunshine over the last 12 months.

Local market activity for 1 bedroom apartments in Sunshine

In the last 12 months, 6 one-bedroom apartments similar to 203/1 Foundry Rd, have been sold.

This represents a 54% increase in one-bedroom apartments sales when compared to the previous 12 months.

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