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515 Middleborough Road
Box Hill North VIC 3129
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515 Middleborough Road Box Hill North VIC 3129

  • Shop & Retail
  • 234 m²
  • Commercial Auction

CRACKING KERRIMUIR SHOPPING VILLAGE CORNER INVESTMENT

  • Income: $62,350 pa + GST + outgoings
  • Long lease to longstanding tenant
  • Prominent corner freehold investment

Gorman Commercial is pleased to offer 515 Middleborough Road, Box Hill North for Sale by Public Auction on Thursday 25th July at 12 noon on-site.

Key property features include:

* Income: $62,350 pa + GST + outgoings
* Four (4) year lease with options
* Leased to longstanding Kerrimuir Newsagency & Tattslotto, been trading as current use for 25+ years
* Prime Commercial 1 zoning suitable for a variety of alternative uses (STCA)
* Building area: 234sqm plus valuable on-site car parking
* Land area: 208sqm providing future development potential
* High exposure corner site providing multiple options to purchasers for future development, sub-division or value-add (STCA)
* Located within the popular and tightly held Kerrimuir Shopping Village with zero vacancy rate
* Three street frontages to Middleborough Rd, Springfield Rd and Edith Lane and combined frontage of 41+ metres

Open for Inspection:

Tuesday 2nd July 12:00pm to 12:30pm
Tuesday 9th July 12:00pm to 12:30pm
Tuesday 16th July 12:00pm to 12:30pm
Tuesday 23rd July 12:00pm to 12:30pm
Thursday 25th July 11:30am to 12:00pm

Auction date and time25/07/2024 12:00
Auction location515 Middleborough Road, Box Hill North VIC

Property Highlights

Floor Area234 m²
Land Area208 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019323809
Category
Last updated  26 Jun 2024
Map for 515 Middleborough Road Box Hill North VIC 3129

Property Highlights

Floor Area234 m²
Land Area208 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019323809
Category
Last updated  26 Jun 2024

Co-Agents

Tom Maule
Gorman Commercial
Call
0401 636 049
Nathan May
Gorman Commercial
Call
0452210491

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