Watch Watch
Back
×

2. Property Highlights

High Yielding Student Accommodation Asset in Central Box Hill
  • 46 room Student Accommodation Asset
  • Substantial 2,842sqm* landholding
  • General Residential Zone-3

Savills is delighted to offer for sale this versatile student accommodation asset located at 32-34 Kangerong Road, Box Hill. The property holds a central Box Hill location and is located within close proximity to a range of premium amenities.

Key attributes of the property include:

• Leased 46 room student accommodation facility

• Large landholding of 2,842sqm*

• Estimated fully leased gross annual income of $554,700 - $655,980 p.a

• Features commercial kitchen, various communal and outdoor spaces

• 13 on-site car parks

• Flexible General Residential Zone 3 allowing for a range of future development outcomes (STCA)

• A short walk to Box Hill Gardens and Box Hill Oval providing access to premium lifestyle amenity

• Central Box Hill location with immediate access to a wide range of premium retail, education & transport amenity

*Approximate

For Sale Expressions of Interest Closing Wednesday 24 April at 2pm.

For further information please contact:

Benson Zhou – 0458 488 888

Julian Heatherich – 0412 995 655

James Latos – 0422 604 900

Tanya Su – 0430 302 950

Remember to mention you found this property on CommercialReady

Read More

4. Property Location

32-34 Kangerong Road, Box Hill, VIC, 3128

Property Map
Show properties in the area

5. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Enquire
calculator-icon Yield Calculator
calcultor-icon Yield Calculator