INVEST OR OCCUPY | NEAR BORONIA STATION | PRICE GUIDE $800,000+

Overview

Description

POINT OF INTEREST:

Whether it’s the Dorset Road frontage or the prominent location amongst Boronia’s retail and commercial precinct, this dual-level and potential dual-income opportunity is sure to impress. Both the ground and first floors offer versatile space, with the ground floor offered with vacant possession. Bee Brazilian are paying $26,741.52 to lease the the first floor, a prosperous move considering they’ve occupied the space since 2008. The two-storey building is in Boronia’s shopping destination, where foot traffic is aplenty and so is public parking. The railway station is nearby, Boronia Mall is across the road, and Boronia Junction — boasting Baker’s Delight, BWS, and Burgertory — is over Lupton Way.

Opportunity is now to take advantage of the upside with the recently completed Boronia Station redevelopment and new landscaped pedestrian walkway a few doors away at 251-253 Dorset Road.

- Total building area 160 sqm* area.
- Freehold site of 176 sqm*
- Generous 6.8 metre* frontage
- Projected rental if fully leased $57,000 per annum*
- Multiple options to value add or redevelop
- Potential to create two ground floor tenancies - fronting Dorset Road and Lupton Way at rear facing the Boronia Station
- Rear car parking on the block plus ample public parking.
- Opposite Boronia Mall and Boronia Junction shopping centres.
- Metres from recently upgraded Boronia Railway Station

POINT OF VIEW:

A potential dual tenancy sitting between two of Boronia’s most popular shopping centres, this suburban high-performing investment gives new (and lucrative) meaning to double standards.

*Approx.
Pricing excludes GST