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Jellis Craig - Ivanhoe & Rosanna

252 Dorset Road Boronia, VIC 3155

Directions

252 Dorset Road,
Boronia, VIC 3155

Shops & Retail • Offices • Medical & Consulting

Price information

Sale

$5,300,000 - $5,800,000

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.
Jellis Craig - Ivanhoe & Rosanna
Andrew Shen
Joshua Franzi

Jellis Craig - Ivanhoe & Rosanna

153 Upper Heidelberg Road
IVANHOE, VIC 3079
Jellis Craig - Ivanhoe & Rosanna
252 Dorset Road
Boronia, VIC 3155

Map of 252 Dorset Road

Directions
  • Train stations within 5 km of 252 Dorset Road, Boronia, VIC 3155Distance
    Boronia Station137 m
    Ferntree Gully Station2.5 km
    Bayswater Station2.7 km
    Upper Ferntree Gully Station4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 252 Dorset Road, Boronia, VIC 3155Distance
    Dorset Rd/Chandler Rd (Boronia)139 m
    Boronia Mall/Chandler Rd (Boronia)152 m
    Anglican Church/Dorset Rd (Boronia)155 m
    Boronia Rd/Floriston Rd (Boronia)264 m
    Oak Ave/Dorset Rd (Boronia)307 m
    POWERED BY HERE ©
POWERED BY HERE ©

NEW PRICE GUIDE - POTENTIAL ANNUAL INCOME OF CIRCA $360,000 ONCE FULLY LET – 1542* M2 THREE LEVEL FREEHOLD BUILDING PLUS 954* M2 COMMERCIAL 1 ZONE B

• FIRST TIME OFFERED FOR SALE IN 30 YEARS
• PRICE REVISED - POTENTIAL YIELD OF 6% - 6.5%
• SEVEN (7) TENANCIES - 4 RETAIL & 3 OFFICES PLUS 954m2* COMMERCIAL 1 ZONE LAND

Jellis Craig are pleased to offer for sale this exciting investment & development (STCA) opportunity in the heart of Boronia with two street frontages located at 252 Dorset Road Boronia and backing onto Dorset Square, plus an additional block of Commerical 1 zoned land located at 9 Chandler Road Boronia.

This asset is well positioned with one large ground floor retail shop (Dorevitch Pathology) facing Dorset Road, three ground floor retail shops facing Dorset Square at rear and two levels of office suites.

Included in the acquisition is also a substantial Commercial 1 Zone (C1Z) 954m2* block of land located at 9 Chandler Rd Boronia (currently used as car parking for tenancies) on the same title, offering flexibility of use in the future (STCA).

All this with the convenience of being set amongst a number of popular national retailers such as Coles, Liquorland, CBA, ANZ, McDonalds, Australia Post, Kmart, MyCar and many others all in the heart of the action!

Features:

• Potentially to return circa $360,000* per annum net plus GST once fully let
• Current passing income of approx. $236,141* per annum net plus GST
• Building area: Approx. 1542 m2
• Land area; Approx. 573m2
• Carpark land: Approx. 954m2
• Brand New Lift
• Modern offices with plenty of natural light
• Ample customer car parking around Dorset Square
• Easy customer access to the heart of bustling Boronia
• Excellent staff car parking from land at 9 Chandler Road
• Area well serviced by public transport
• Boronia Train Station nearby
• Commercial 1 Zoning (both building + land)

Please contact the exclusive sales and marketing agent for further information.

Property ID: 504654896Last Updated: 20 Sep 2024

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