Colliers International and Savills are pleased to offer 15-17 Prospect Street, Box Hill for sale by Expressions of Interest closing Wednesday 12th July at 2pm. This outstanding property is located in the heart of Box Hill’s ‘Major Development Precinct.’
Key attributes of this outstanding opportunity include:
• Prime landholding of 1,305m²
• Commercial 1 Zone
• First class two level office building of 2,121m² with 60 carparks
• 1 star NABERS rating
• Substantial short term holding income of $1,000,840pa plus outgoings & GST
• A highly strategic position within Melbourne’s most active and robust apartment markets
• Situated within Box Hill’s ‘Major Development Precinct’ metres from the Box Hill Central Shopping Centre and retail core, Box Hill Train Station, Box Hill Institute and Box Hill Gardens
• Preferred development height limit of 20 levels under the proposed ‘Amendment C175’ under the Whitehorse Council Planning Scheme
• Unmatched demand for apartments with numerous neighbouring successful projects
A perfect opportunity to develop, land bank or invest in Melbourne’s most rapidly transforming and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
For Sale by Expressions of Interest closing Wednesday 12th July at 2pm.
For further information please contact:
Colliers International:
Peter Bremner
+61 412 326 942
David Minton
+61 422 987 749
Savills:
Clinton Baxter
+61 413 569 888
Nick Peden
+61 402 011 266