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168-170 Boronia Road
Boronia VIC 3155
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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

CVA Property Consultants Pty Ltd
CVA Property Consultants Pty Ltd
18-20 Russell Street
Melbourne, VIC 3000

Property Highlights

Date Sold7 May 2021
Floor Area1,090 m²
Land Area1,952 m²
ParkingAsk Agent
Property ID2016896591
Category
Last updated  7 May 2021
Map for 168-170 Boronia Road Boronia VIC 3155

Nearest transport* to 168-170 Boronia Road Boronia VIC 3155

Bus
Train
Park Cres/Boronia Rd (Boronia)127 m
Park Cres/Boronia Rd (Boronia)156 m
Boronia Rd/Park Cres (Boronia)186 m
Park Cres/Springfield Rd (Boronia)287 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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CVA Property Consultants Pty Ltd
CVA Property Consultants Pty Ltd
18-20 Russell Street
Melbourne, VIC 3000

Property Highlights

Date Sold7 May 2021
Floor Area1,090 m²
Land Area1,952 m²
ParkingAsk Agent
Property ID2016896591
Category
Last updated  7 May 2021

Co-Agents

Jarrod Moran
Jarrod Moran
CVA Property Consultants Pty Ltd
Call
0413 251 621
Stan Dawidowski
Stan Dawidowski
CVA Property Consultants Pty Ltd
Call
0400 448 755

More about 168-170 Boronia Road Boronia VIC 3155

168-170 Boronia Road Boronia VIC 3155 is categorized as Land & Development Property. It has a floor area of 1,090 m² and a land area of 1,952 m². The listing ID for this property is 2016896591.

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