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Prized Box Hill Freehold Investment

169 Middleborough Road, BOX HILL VIC, 3128

Sold

Property Sold in 169 Middleborough Road, BOX HILL VIC, 3128

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000

Listing ID:
11357068
Status:
Sold
Last Updated:
20/09/2019
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Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

160 SQM
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Parking

N/A

Prized Box Hill Freehold Investment

- Affordable Box Hill freehold with prominent main road exposure
- Solid single-storey building of 160sqm* with over 6m of frontage
- Commercial 1 zoned (ACZ) landholding of 185sqm* with excellent rear access and onsite parking
- 5 + 5 year lease to Box Hill Paint Specialists
- Returning $32,760 plus GST per annum
- Fixed 5% annual increases throughout the term and further term
- Outstanding future value add/re-development upside (STCA)
- Major growth area in one of Melbourne’s most sought after residential districts
- Perfectly positioned to benefit directly from the area’s population boom

For more details, please email agent

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000


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