MP Burke Commercial Real Estate is delighted to offer for sale this outstanding retail opportunity at 587-589 Station Street, Box Hill for Public Auction on Thursday May 16th at 12:00 noon on site.

This prominent two (2) storey building occupies what could be described as the best retail corner within the Box Hill District Centre. Located on the north-western corner of Station Street and Main Street, its immediate neighbours include three (3) of the major banks being ANZ, Commonwealth and Westpac. The Main Street Mall is home to a wide range of quality speciality shops and provides direct access to Centro Box Hill Shopping Centre.

Featuring dual street frontage, the ground floor retail is leased to one of Australia’s most recognised ASX listed companies TABcorp, which has recently renewed their lease for a further seven (7) years. The first floor is leased to Dr Frank HS Chong operating as a Dental Clinic - both tenants have been long term occupants of the building.

Rarely do investors have the opportunity to acquire such a high calibre asset in the heart of Box Hill. This exciting investment opportunity boasts the following key attributes;

Long Term Lease to AAA blue chip tenant – TABcorp.

Exceptional retail location in the heart of the Box Hill Shopping Precinct.
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Extended frontage of 25.35 metres to one of Melbourne’s busiest retail precincts.
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Estimated net rental of $148,002 per annum.