523 Middleborough Road,
Box Hill North, VIC 3129
Shops & Retail • Offices
Key property information
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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
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
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 8...
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
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 8...
Rorey James
0439 400 0...
Wilson Commercial:
Adam Guest
0425 288 888
Alan Watson
0434 398 8...
* Approximately
Property Code: 959
Box Hill North, 3129 demographic data
The median household income for Box Hill North is $1,820, 4% lower than Greater Melbourne's household income of $1,901. Box Hill North has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 45% of property owners in Box Hill North have a mortgage.
12,337
Population
$1,820 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
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