515 Middleborough Road,
Box Hill North, VIC 3129
Shops & Retail
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
515 Middleborough Road
Box Hill North, VIC 3129
Map of 515 Middleborough Road
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
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
Property ID: 504622380Last Updated: 25 Jul 2024
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
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