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Savills - Melbourne

32-34 Kangerong Road Box Hill, VIC 3128

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32-34 Kangerong Road,
Box Hill, VIC 3128

Development Sites & Land • Hotel, Motel & Leisure

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Sold

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Key property information

Land area

Tenure type

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Savills - Melbourne
Tanya Su
Julian Heatherich
Benson Zhou
James Latos

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
32-34 Kangerong Road
Box Hill, VIC 3128

Map of 32-34 Kangerong Road

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High Yielding Student Accommodation Asset in Central Box Hill

  • 46 room Student Accommodation Asset
  • Substantial 2,842sqm* landholding
  • General Residential Zone-3
SOLD

Savills is delighted to offer for sale this versatile student accommodation asset located at 32-34 Kangerong Road, Box Hill. The property holds a central Box Hill location and is located within close proximity to a range of premium amenities.

Key attributes of the property include:

• Leased 46 room student accommodation facility
• Large landholding of 2,842sqm*
• Estimated fully leased gross annual income of $554,700 - $655,980 p.a
• Features commercial kitchen, various communal and outdoor spaces
• 13 on-site car parks
• Flexible General Residential Zone 3 allowing for a range of future development outcomes (STCA)
• A short walk to Box Hill Gardens and Box Hill Oval providing access to premium lifestyle amenity
• Central Box Hill location with immediate access to a wide range of premium retail, education & transport amenity

*Approximate

For further information please contact:

Benson Zhou – 0458 488 8...
Julian Heatherich – 0412 995 6...
James Latos – 0422 604 9...
Tanya Su – 0430 302 9...

Property ID: 504546300Last Updated: 7 Aug 2024

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