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Prime Box Hill Development Site – Approved 9 Level Permit

4 Watts Street, BOX HILL VIC, 3128

For Sale

Property for Sale in 4 Watts Street, BOX HILL VIC, 3128

Listing ID:
11357667
Status:
Under-offer
For:
Sale
Price:
Expressions of Interest
Last Updated:
11/11/2019
Icon building

Property Type

Offices/Retail/Other
Icon square

Land Area

723 SQM
Icon size

Floor Area

556 SQM
Icon parking

Parking

N/A

Prime Box Hill Development Site – Approved 9 Level Permit

Ray White Commercial proudly presents this premium office freehold located in the Box Hill development precinct. The current building comprises of 2 levels of office with rear onsite car parking with holding income of $131,903.04 pa net approx.

The property benefits from side and rear laneway access enabling ease of access into the property. Directly opposite the property is a multi-level paid car parking facility and currently under construction is the neighbouring property of 12 levels setting the stage for this future development.

Invest and hold or develop the existing permit of 50 apartments + 1 Commercial Retail.

Property features:
• Zoning | Commercial 1
• Land area | 723m2*
• Building area | 556m2*
• Holding income | $131,903.04 pa net
• Approved planning permit for 50 apartments + 1 retail

For more details, please email agent

Ray White Commercial Diston Asset Services

1-3 Rooks Road, Nunawading, VIC 3131


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