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Overview
High Profile location at Whitehorse Road
This commercial retail property is located in a high-profile position along Whitehorse Road, Box Hill, offering excellent exposure and accessibility. The premises are currently presented as a cold shell, providing a blank canvas for customization to suit various business needs.
The property encompasses a total floor area of approximately 225 square meters, making it suitable for a range of retail or office uses. Included with the tenancy are tenant carparks, enhancing convenience for both staff and customers.
Outgoings are estimated at $9,800 per annum, providing a clear indication of ongoing costs associated with the property. The estimated rental income is approximately $225,000 per annum, reflecting the strong demand and location advantages.
Key features of the property include a divided tenancy layout, allowing for flexible use of the space. The ceiling height is approximately 6 meters, creating a spacious and airy environment. There is access to a common bathroom located at the back of the house, facilitating tenant convenience. Additionally, there is potential to build a second level, offering opportunities for expansion or additional office space.
The location is a proven office and retail precinct along Whitehorse Road, within walking distance to significant lifestyle amenities such as Box Hill Central shopping complex and Box Hill Train Station. The area is surrounded by important medical and educational institutions including Box Hill Hospital and Box Hill TAFE, contributing to a strong local workforce and customer base.
Within a 200-meter radius, there are over 2,400 residential and hotel units either completed, under construction, marketed for sale, or permit approved. This density makes it one of the most populated residential pockets outside the Melbourne Central Business District, providing a substantial catchment for retail and commercial activities.
This property represents an excellent opportunity for investors or owner-occupiers seeking a prominent location with strong growth potential in one of Melbourne's busiest suburban hubs.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Box Hill VIC 3128
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 225 m² |
Market Insights for Box Hill VIC 3128
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