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Sold on 7 May 2021

168-170 Boronia Road Boronia VIC 3155

  • Development / Land
  • 1,952 m²
  • Sold

BOUNDLESS REDEVELOPMENT POTENTIAL

    POINT OF INTEREST:
    This rare development opportunity in the heart of Boronia is for sale via Expressions of Interest, closing Thursday the 6th of May at 3pm.

    Situated on a Commercial 1 Zone corner block, these two buildings sit on a total land area of 1,952 sqm* with a total building area of 1,090 sqm*. Currently providing $87,885.24 in rent per annum, the subject property provides opportunity to take advantage of the holding income whilst submitting to council for planning and permits

    168-170 Boronia Road is surrounded by high density residential and commercial and perfectly positioned directly opposite Boronia Village Shopping Mall and is 700 m* to Boronia Railway Station, making this the strategic acquisition for any savvy developer.

    - Total land area of 1,952 sqm*.
    - Commercial 1 Zone corner block.
    - $86,936.24 per annum holding income.
    - Total projected income: $183,936.24 per annum (fully let).
    - Opposite Boronia Village Shopping Mall.
    - 700 m* to Boronia Railway Station.
    - Bus routes 737, 745, 753 on your doorstep.

    - 760 sqm* two level office at 168 Boronia Road.
    - 330 sqm* single level building at 170 Boronia Road.
    - Ample car spaces across both sites.

    POINT OF VIEW:
    Whether it be a new season drop from the Yarra Valley, or two buildings west of those vineyards, the point is knowing the fruitful for picking. And we know this opportunity is ripe.

    *Approx.
    Pricing excludes GST

    Jarrod Moran
    CVA Property Consultants Pty Ltd
    Jarrod Moran
    CVA Property Consultants Pty Ltd
    Stan Dawidowski
    CVA Property Consultants Pty Ltd
    Stan Dawidowski
    CVA Property Consultants Pty Ltd

    Property Highlights

    Property ID2016896591
    Date Sold7 May 2021
    Floor Area1,090 m²
    Land Area1,952 m²
    ParkingAsk Agent
    Category
    Last updated  7 May 2021
    Map for 168-170 Boronia Road Boronia VIC 3155
    Map for 168-170 Boronia Road Boronia VIC 3155168-170 Boronia Road Boronia VIC 3155
    Jarrod Moran
    CVA Property Consultants Pty Ltd
    Jarrod Moran
    CVA Property Consultants Pty Ltd
    Stan Dawidowski
    CVA Property Consultants Pty Ltd
    Stan Dawidowski
    CVA Property Consultants Pty Ltd

    Property Highlights

    Property ID2016896591
    Date Sold7 May 2021
    Floor Area1,090 m²
    Land Area1,952 m²
    ParkingAsk Agent
    Category
    Last updated  7 May 2021
    CVA Property Consultants Pty Ltd
    18-20 Russell Street Melbourne VIC 3000
    Jarrod Moran
    CVA Property Consultants Pty Ltd
    Jarrod Moran
    CVA Property Consultants Pty Ltd
    Stan Dawidowski
    CVA Property Consultants Pty Ltd
    Stan Dawidowski
    CVA Property Consultants Pty Ltd
    Jarrod Moran

    Jarrod Moran

    CVA Property Consultants Pty Ltd

    Stan Dawidowski

    Stan Dawidowski

    CVA Property Consultants Pty Ltd

    0413 *** ***
    0413 251 621

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