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942-946 Whitehorse Road Box Hill, VIC 3128

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942-946 Whitehorse Road,
Box Hill, VIC 3128

Shops & Retail • Development Sites & Land

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FULLY LEASED RETAIL INVESTMENT WITH MAJOR STRATEGIC LAND HOLDING

  • FULLY LEASED RETAIL INVESTMENT
  • LARGE STRATEGIC LAND HOLDING
  • MAJOR EASTERN SUBURBS GROWTH CENTRE
Emmetts Real Estate is pleased to present to the market an exceptional investment opportunity within the retail core of the preeminent growth centre of Melbourne's eastern suburbs.

Box Hill embodies the essence of of what makes Melbourne the world's most liveable city.
- A growing multicultural population with more than 4,000 apartments in the development pipeline.
- Excellent accessibility boasting the busiest transport hub in Melbourne's eastern suburbs.
- An education services hub attracting 60,000 students (City of Whitehorse).
- A major health services hub attracting significant investment.
- A major centre for employment with several key major office occupiers.
- Outstanding lifestyle amenity with an abundance of well kept parks.
- All surrounding an exciting retail and restaurant precinct in a central core.

The property is an outstanding property within the retail and restaurant core of Box Hill with the following attributes:
- High visibility main road retail location.
- Major strategic freehold land holding of 970 sq m approx.
- Large building area 1,229 sq m split into 3 large tenancies.
- Enormous 25m retail frontage to Whitehorse Road.
- Additional frontage to Birds Lane providing direct access to Market St Mall and Main Street Mall with future laneway retail potential.
- Fully leased to 3 tenants.
- Includes new 10 year lease to China Chilli.
- Dark Zone have been in occupation for over 20 years and have signed a new lease term.
- WALE 6.45 years by income.
- Rent of $627,080 pa plus outgoings plus GST.
- 3 separate titles.
- Multiple future strategic options to add value or redevelop (STPA).

For further details, please contact the exclusive sales and marketing agent Charles Emmett of Emmetts Real Estate.

Property ID: 502469034Last Updated: 11 Oct 2017

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942-946 Whitehorse Road
Box Hill, VIC 3128
Emmetts - Melbourne
21-27 Somerset Place
MELBOURNE, VIC 3000

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