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925 Whitehorse Road, Box Hill, VIC, 3128

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925 Whitehorse Road, Box Hill, VIC, 3128
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925 Whitehorse Road, Box Hill, VIC, 3128

925 Whitehorse Road, Box Hill, VIC, 3128

Properties / Sold / Victoria / Box Hill
Development Potential

1. Property Summary

Property Type
Commercial, Residential
Land Area
920 m² (*approx)
Selling Method
SOLD:
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2. Property Highlights

SOLD
 
SERIOUS UPSIDE
  • Development Potential of 16-20 levels (STCA)
  • Land area of 920 sqm.
  • Lease Expiry December 2022
  • Perfectly positioned in the heart of the Box Hill business precinct
This fantastic property is currently leased to Australia’s largest chemist retailer, Chemist Warehouse. There are still a number of years to run on the existing lease but there are no further options which opens up the potential for a high-rise development. In the immediate area there have been several recent planning approvals for high density residential apartment buildings with building heights of 25 plus levels that will continue to reshape this area. The demand for land in the precinct remains strong and in the medium to long term this site will be ripe to be redeveloped (STCA) taking full advantage of its location and zoning.
 
For now, enjoy the security of income whilst planning for an even brighter future in what is Melbourne’s biggest and fastest growing satellite CBD, Box Hill. Aston Commercial highly recommend this strategic commercial property for your serious consideration.
 
Remember to mention you found this property on DevelopmentReady
Read More
Development Potential

1. Property Summary

Property Type
Commercial, Residential
Land Area
920 m² (*approx)
Selling method
SOLD:

2. Property Highlights

SOLD
 
SERIOUS UPSIDE
  • Development Potential of 16-20 levels (STCA)
  • Land area of 920 sqm.
  • Lease Expiry December 2022
  • Perfectly positioned in the heart of the Box Hill business precinct
This fantastic property is currently leased to Australia’s largest chemist retailer, Chemist Warehouse. There are still a number of years to run on the existing lease but there are no further options which opens up the potential for a high-rise development. In the immediate area there have been several recent planning approvals for high density residential apartment buildings with building heights of 25 plus levels that will continue to reshape this area. The demand for land in the precinct remains strong and in the medium to long term this site will be ripe to be redeveloped (STCA) taking full advantage of its location and zoning.
 
For now, enjoy the security of income whilst planning for an even brighter future in what is Melbourne’s biggest and fastest growing satellite CBD, Box Hill. Aston Commercial highly recommend this strategic commercial property for your serious consideration.
 
Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
Fred Nucara
Fred Nucara
+61 *** *** *** show +61 418 567 560
Jeremy Gruzewski
Jeremy Gruzewski
+61 *** *** *** show +61 422 211 021

Download Development Site Report
Fred Nucara
Fred Nucara
+61 *** *** *** show +61 418 567 560
Jeremy Gruzewski
Jeremy Gruzewski
+61 *** *** *** show +61 422 211 021

3. Property Location

925 Whitehorse Road, Box Hill, VIC, 3128

Property Map
Street View
925 Whitehorse Road, Box Hill, VIC, 3128 Box Hill
Aston
Aston
level 15, 627, Chapel Street, South Yarra, City of Stonnington, Victoria, Australia, 3141
View Agency Profile
Fred Nucara
Fred Nucara
+61 *** *** *** show +61 418 567 560
Jeremy Gruzewski
Jeremy Gruzewski
+61 *** *** *** show +61 422 211 021