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20 Rutland Road, Box Hill, VIC, 3128

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20 Rutland Road, Box Hill, VIC, 3128

20 Rutland Road, Box Hill, VIC, 3128

Properties / Sold / Victoria / Box Hill
Development Potential

1. Property Summary

Property Type
Mixed Use, Commercial
Land Area
600 m² (*approx)
Selling Method
EOI: Contact Agent
Show All

2. Property Highlights

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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Mixed Use, Commercial
Land Area
600 m² (*approx)
Selling method
EOI: Contact Agent

2. Property Highlights

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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

20 Rutland Road, Box Hill, VIC, 3128

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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