523 Middleborough Road,
Box Hill North, VIC 3129
Shops & Retail • Offices
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Sale - Auction Wed 12 Jun
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Wilson Commercial - Caulfield North
195 Balaclava RoadCAULFIELD NORTH, VIC 3161
523 Middleborough Road
Box Hill North, VIC 3129
Map of 523 Middleborough Road
Train stations within 5 km of 523 Middleborough Road, Box Hill North, VIC 3129 Distance Laburnum Station 1.3 km Blackburn Station 1.5 km Box Hill Station 2 km Mont Albert Station 3.3 km Nunawading Station 3.3 km POWERED BY HERE ©Tram stops within 5 km of 523 Middleborough Road, Box Hill North, VIC 3129 Distance 58-Box Hill Central/Whitehorse Rd (Box Hill) 1.9 km 57-Nelson Rd/Whitehorse Rd (Box Hill) 2.1 km 56-Elgar Rd/Whitehorse Rd (Box Hill) 2.4 km 55-Hood St/Whitehorse Rd (Mont Albert) 2.8 km 54-Inglisby Rd/Whitehorse Rd (Mont Albert) 3.3 km POWERED BY HERE ©Bus stops within 5 km of 523 Middleborough Road, Box Hill North, VIC 3129 Distance Ashley St/Middleborough Rd (Box Hill North) 263 m Kerr StMiddleborough Rd 271 m Twyford St/Middleborough Rd (Box Hill North) 322 m Marshall Rd/Middleborough Rd (Box Hill North) 385 m Lexton RdMiddleborough Rd 440 m POWERED BY HERE ©
POWERED BY HERE ©
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
- Providing annual income of $51,917* + GST
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
- Providing annual income of $51,917* + GST
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: 29 May 2024
Wilson Commercial - Caulfield North195 Balaclava Road
CAULFIELD NORTH, VIC 3161
CAULFIELD NORTH, VIC 3161
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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