Premium Investment Opportunity
- A-Grade Location
- Great Investment
- Development Potential (STCA)
Cameron is pleased to offer to the market an exceptional opportunity to invest in a tightly held retail strip on the corner of Station Street and Woodhouse Grove in Box Hill North.
Key features include:
– Secure Long Term Lease
– Substantial 182sqm land-holding
– Building area of 130sqm
– Two Levels of Building
– Future Development Potential (STCA)
– Commercial 1 zoned
– Rear Access with Multiple Car Spaces on title
– Prime Box Hill North locality with great exposure
– Potential owner-occupier opportunity
– Scope to increase rental
– Easy Access to EastLink, Whitehorse Road, Maroondah
Highway and Doncaster Road
Tenancy Details:
Tenant – Maze Confectionery
Rental – $37,200 pa + Outgoings + GST
Commencement – 8/11/2018
Lease term – 5 years
Market reviews – 8/11/2023 & 08/11/2028
Further option – Two (2) further terms of five (5) years
Annual reviews – 2%
To acquire further information or to arrange an inspection, please contact the exclusive selling agents.
