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523 Middleborough Road,
Box Hill North, VIC 3129
Shops & Retail • Offices
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
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523 Middleborough Road
Box Hill North, VIC 3129
Map of 523 Middleborough Road
Box Hill North Freehold Investment In Tightly Held Retail Village
- Invest, Occupy or Value Add
- Located Opposite Coles Express
- 213 sqm* Land + Rear Access
Stonebridge Property Group, in conjunction with Wilson Commercial, are pleased to present for sale 523 Middleborough Road, Box Hill North via Public On-site Auction.
The key highlights of the opportunity include:
- A flexible Box Hill North freehold with a strategic lease to longstanding tenant providing untapped future potential
- Leased by longstanding tenant Kerrimuir Noodle Bar who boast a leading local following and strong reviews (4.7 star UberEATS rating)
- Tenanted on a 5-year lease term with no further options to renew, providing occupier and value add potential from 2026
- An underutilised 213 sqm* landholding, coupled with favourable zoning and precedent for additional height provides exciting value add possibilities
- The flexible freehold boasts surplus rear land and complementary rear lane access/parking – a major advantage for the current and future tenants
- The property well positioned on the heavily trafficked Middleborough Road with exposure to 27,000* passing cars daily
- Middleborough Road is a strong trading and tightly held precinct anchored by national/international retailers, McDonald’s, Coles Express, Red Rooster and Subway
523 Middleborough Road, Box Hill North is offered for sale via Public On-site Auction on Wednesday 12th June 2024 at 2:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Stonebridge Property Group:
Nic Hage
0448 782 5...
Ian Lam 林煒峻
0416 621 859
Rorey James
0439 400 0...
Wilson Commercial:
Adam Guest
0425 288 888
Alan Watson
0434 398 8...
* Approximately
Property Code: 959
The key highlights of the opportunity include:
- A flexible Box Hill North freehold with a strategic lease to longstanding tenant providing untapped future potential
- Leased by longstanding tenant Kerrimuir Noodle Bar who boast a leading local following and strong reviews (4.7 star UberEATS rating)
- Tenanted on a 5-year lease term with no further options to renew, providing occupier and value add potential from 2026
- An underutilised 213 sqm* landholding, coupled with favourable zoning and precedent for additional height provides exciting value add possibilities
- The flexible freehold boasts surplus rear land and complementary rear lane access/parking – a major advantage for the current and future tenants
- The property well positioned on the heavily trafficked Middleborough Road with exposure to 27,000* passing cars daily
- Middleborough Road is a strong trading and tightly held precinct anchored by national/international retailers, McDonald’s, Coles Express, Red Rooster and Subway
523 Middleborough Road, Box Hill North is offered for sale via Public On-site Auction on Wednesday 12th June 2024 at 2:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Stonebridge Property Group:
Nic Hage
0448 782 5...
Ian Lam 林煒峻
0416 621 859
Rorey James
0439 400 0...
Wilson Commercial:
Adam Guest
0425 288 888
Alan Watson
0434 398 8...
* Approximately
Property Code: 959
Property ID: 504587988Last Updated: 12 Jun 2024
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
Wilson Commercial - Caulfield North195 Balaclava Road
CAULFIELD NORTH, VIC 3161
CAULFIELD NORTH, VIC 3161
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