Modern and impressive five level office building including two levels of basement car parking. Built in 1989, fully refurbished in 2003 providing 4,330 sqm of quality office accommodation with abundant natural light throughout. Also boasts 152 car spaces, garden entrance and a roof top tennis court. The property is fully leased and returning a net annual income of in excess of $1,102,000. With office vacancy within the Box Hill region reportedly below 4%, further rental growth is forecast. Note: 18 car spaces are currently vacant and would derive an additional net income of approximately $25,920.
Situated in the heart of Box Hill's commercial/retail precinct just off Elgar Rd near the corner of Whitehorse Rd. 19-23 Prospect Street is in close proximity to shops and other businesses, including the Centro Whitehorse Shopping Plaza. The building is conveniently located close to Box Hill Railway Station and Bus Terminis, trams run along Whitehorse Road and additional car parking facilities are located within a short distance.
