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20 Rutland Road
Box Hill VIC 3128
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Sold on 28 Jun 2021

20 Rutland Road Box Hill VIC 3128

  • Development / Land
  • 600 m²
  • Sold

A HOT SPOT FOR DEVELOPMENT

POINT OF INTEREST: 
Expressions of Interest closing Wednesday 23rd June 2021 at 2pm.  

Amongst the thriving hub of activity that is Box Hill, sits a local Chinese restaurant that has more than meets the eye. A single level commercial space currently tenanted to Beef Papa Hotpot, they provide locals with succulent Chinese meals and the current owners with $106,672.58 per annum in rent. Beyond Friday night dumplings and karaoke, the 600 sqm* of land and potential for a mixed-use development like that of nearby neighbours, will have the new owners singing the praises of the Victorian government. The main talking point? $20 Million currently being invested into the area, proving that it’s not just Victoria, but specifically, Box Hill that is the place to be.

-  Mixed Use future development potential (STCA)
- Total land area of 600 sqm*. 
- Commercial 1 Zoning.
- Generous 18 metres* frontage   
- Currently providing $106,672.58 per annum in rent.
- Box Hill Central just 120 m* away, with 16 bus route and Box Hill railway station linking all that surrounds.
- Tram route 109 travels from Whitehorse Road into Port Melbourne via Collins Street and the CBD.
 -260 m* from Whitehorse Road and a further 2.4 km* to the Eastern Freeway.
- Operating as Beef Papa Restaurant with a current term expiring 14th June 2022 and further term of Five (5) Years   

POINT OF VIEW:

You don’t need a cookie to tell you that this place will earn you a fortune.

* Freehold only for sale, business as usual for current tenant Beef Papa Hot pot 
*Approx.
Pricing excludes GST

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

Property Highlights

Date Sold28 Jun 2021
Floor Area383 m²
Land Area600 m²
ParkingAsk Agent
Property ID2017019995
Category
Last updated  5 Jul 2021
Map for 20 Rutland Road Box Hill VIC 3128

Nearest transport* to 20 Rutland Road Box Hill VIC 3128

Bus
Train
Tram
Station St/Rutland Rd (Box Hill)82 m
Watts St/Whitehorse Rd (Box Hill)191 m
Box Hill Bus Station/Station St (Box Hill)194 m
Box Hill Bus Station/Station St (Box Hill)195 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 Sold28 Jun 2021
Floor Area383 m²
Land Area600 m²
ParkingAsk Agent
Property ID2017019995
Category
Last updated  5 Jul 2021

Co-Agents

Ian Angelico
Ian Angelico
CVA Property Consultants Pty Ltd
Call
0418336088
Jarrod Moran
Jarrod Moran
CVA Property Consultants Pty Ltd
Call
0413 251 621

More about 20 Rutland Road Box Hill VIC 3128

20 Rutland Road Box Hill VIC 3128 is categorized as Land & Development Property. It has a floor area of 383 m² and a land area of 600 m². The listing ID for this property is 2017019995.

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