Added 2 days ago
2/91 Boronia Road,
Boronia, VIC 3155
Shops & Retail • Offices • Showrooms & Large Format Retail
Added 2 days ago
Key property information
Land area
Floor area
Parking info
Property extent
Municipality
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$14,872
Number of Tenants
1 Tenant
Tenants / Type
Hair salon/beauty
Private inspections
to arrange a private inspection.
Map of 2/91 Boronia Road
Train stations within 5 km of 2/91 Boronia Road, Boronia, VIC 3155 Distance Boronia Station 300 m Ferntree Gully Station 2.2 km Bayswater Station 2.9 km Upper Ferntree Gully Station 3.8 km POWERED BY HERE ©Bus stops within 5 km of 2/91 Boronia Road, Boronia, VIC 3155 Distance Boronia Rd/Floriston Rd (Boronia) 194 m Park CresDorset Rd Boronia 261 m Dorset Rd/Chandler Rd (Boronia) 297 m Parker Ave/Hastings Ave (Boronia) 306 m Boronia MallChandler Rd Boronia 315 m POWERED BY HERE ©
POWERED BY HERE ©
Secure Retail Investment with Built-In Rental Growth
- Prime Dorset Square retail location
- Entry-level commercial investment
- Fixed increases + market review option
Offered for sale for the first time ever, 2/91 Boronia Road, Boronia presents a tightly held commercial investment with a proven history of long-term occupancy and dependable income.
The property has operated as a hairdressing salon for over 30 years, initially under one long-standing business owner and, since 2023, by a new salon operator demonstrating the ongoing strength, viability, and appeal of this location. Long-term business continuity is a strong indicator of a sound commercial investment.
Positioned with a Boronia Road address and fronting into Dorset Square, the property benefits from excellent exposure within one of Boronia’s most active retail precincts. Dorset Square is a recognised local drawcard, anchored by Kmart and Coles, with major banks, Boronia Station, and Woolworths all within easy walking distance ensuring consistent foot traffic and enduring tenant demand.
The investment offers secure income with minimal landlord involvement and built-in rental growth.
Lease Details:
- Current lease term expires 31 January 2027
- Further 2-year option
- Fixed annual percentage increases
- Market rent review at option
- Current rental income of $14,872.20 per annum (including GST)
- Outgoings paid by the tenant
Asking Price Range: $275,000 – $300,000
This is an ideal entry-level commercial investment or a smart addition to an existing portfolio, offering income security, future upside, and an unbeatable central Boronia position.
The property has operated as a hairdressing salon for over 30 years, initially under one long-standing business owner and, since 2023, by a new salon operator demonstrating the ongoing strength, viability, and appeal of this location. Long-term business continuity is a strong indicator of a sound commercial investment.
Positioned with a Boronia Road address and fronting into Dorset Square, the property benefits from excellent exposure within one of Boronia’s most active retail precincts. Dorset Square is a recognised local drawcard, anchored by Kmart and Coles, with major banks, Boronia Station, and Woolworths all within easy walking distance ensuring consistent foot traffic and enduring tenant demand.
The investment offers secure income with minimal landlord involvement and built-in rental growth.
Lease Details:
- Current lease term expires 31 January 2027
- Further 2-year option
- Fixed annual percentage increases
- Market rent review at option
- Current rental income of $14,872.20 per annum (including GST)
- Outgoings paid by the tenant
Asking Price Range: $275,000 – $300,000
This is an ideal entry-level commercial investment or a smart addition to an existing portfolio, offering income security, future upside, and an unbeatable central Boronia position.
Boronia, 3155 demographic data
The median household income for Boronia is $1,619, 15% lower than Greater Melbourne's household income of $1,901. Boronia has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 56% of property owners in Boronia have a mortgage.
23,607
Population
$1,619 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
04173324...
2/91 Boronia Road
Boronia, VIC 3155
LJ Hooker - Boronia94 Boronia Road
BORONIA, VIC 3155
BORONIA, VIC 3155
