Commercial Zone 1
Strategically located in the heart of Box Hill (Major Development Precinct)
Within walking distance to Box Hill Train Station, Box Hill Shopping Centre, Box Hill TAFE, and Box Hill Hospital
Prime land area of approximately 453 sqm with a generous 15.25-meter street frontage
Building area of approximately 350 sqm
Convenient lane access
16 dedicated parking spaces
Secured tenant with substantial annual rent
Existing commercial lease details:
Lease term: Three (3) years, commencing 16 January 2024
Additional option: One (1) further three (3) year term
Unlimited future development potential (subject to Council approval)
Notably, many properties on the same street have successfully obtained planning permits for high-rise developments, with some buildings reaching up to 13 storeys
