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.
• 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