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15-17 Prospect Street Box Hill, VIC 3128

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15-17 Prospect Street,
Box Hill, VIC 3128

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Premium Box Hill Site with Significant Holding Income

  • ‘Major Development Precinct’
  • Existing office building of 2,121m²
  • Short term income of $1,000,840pa
Colliers International and Savills are pleased to offer 15-17 Prospect Street, Box Hill for sale by Expressions of Interest closing Wednesday 12th July at 2pm. This outstanding property is located in the heart of Box Hill’s ‘Major Development Precinct.’

Key attributes of this outstanding opportunity include:

• Prime landholding of 1,305m²
• Commercial 1 Zone
• First class two level office building of 2,121m² with 60 carparks
• 1 star NABERS rating
• Substantial short term holding income of $1,000,840pa plus outgoings & GST
• A highly strategic position within Melbourne’s most active and robust apartment markets
• Situated within Box Hill’s ‘Major Development Precinct’ metres from the Box Hill Central Shopping Centre and retail core, Box Hill Train Station, Box Hill Institute and Box Hill Gardens
• Preferred development height limit of 20 levels under the proposed ‘Amendment C175’ under the Whitehorse Council Planning Scheme
• Unmatched demand for apartments with numerous neighbouring successful projects

A perfect opportunity to develop, land bank or invest in Melbourne’s most rapidly transforming and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.

For Sale by Expressions of Interest closing Wednesday 12th July at 2pm.

For further information please contact:

Colliers International:
Peter Bremner
+61 412 326 942

David Minton
+61 422 987 749

Savills:
Clinton Baxter
+61 413 569 888

Nick Peden
+61 402 011 266

Property ID: 502435674Last Updated: 18 Jan 2018

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15-17 Prospect Street
Box Hill, VIC 3128

Detailed listing

Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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