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Dawkins Occhiuto - South Yarra

46 Lexton Road Box Hill North, VIC 3129

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46 Lexton Road,
Box Hill North, VIC 3129

Warehouse, Factory & Industrial • Development Sites & Land • Offices

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Dawkins Occhiuto - South Yarra
Walter Occhiuto
Andrew Dawkins

Dawkins Occhiuto - South Yarra

Suite 10, Level 3, Como Centre, 299 Toorak Road
SOUTH YARRA, VIC 3141
Dawkins Occhiuto - South Yarra
46 Lexton Road
Box Hill North, VIC 3129

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Rare Offering in Tightly Held Precinct

  • 3,568sqm* development site
  • Short WALE providing holding income
  • Located within a tightly held precinct
Dawkins Occhiuto are excited to present for your consideration a rare offering in a tightly held Box Hill precinct. The site is in an exclusive industrial area of Box Hill North, where less than 40% of sites exceed 750sqm in size, highlighting the exceptional scarcity of this opportunity.

This property comprises a substantial 3,568sqm* Industrial 3 zoned site boasting a strategic location primed to benefit from the surrounding road and business infrastructure. The site is currently improved with an office warehouse and additional shed with a total GLA of 1,842sqm* and is occupied by MCC Verstraete Australia, a Multi-Colour Company.

This property presents an ideal chance for an owner-occupier or developer to leave their imprint on the coveted Box Hill North area.

Key features of the offering include:

+ Industrial 3 zoned site of 3,568sqm*
+ Office warehouse of 1,684sqm* plus rear shed/storage of 158sqm*
+ Exceptional development potential for a new industrial warehouse, self-storage facility, industrial units, or a place of worship (STCA)
+ Leased to MCC Verstraete, an MCC Multi-Color Corporation
+ Net Passing Income of $196,385 p.a.*
+ Situated within a tightly held industrial precinct of Box Hill North
*approx.

This property is offered for Sale via International Expressions of Interest closing Tuesday, 23 April 2024 at 3.00pm (AEST)

Please contact exclusive selling agents Dawkins Occhiuto for more information.

Property ID: 504546684Last Updated: 2 Jul 2024

Dawkins Occhiuto - South Yarra
Suite 10, Level 3, Como Centre, 299 Toorak Road
SOUTH YARRA, VIC 3141

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