Commercial Ready Logo
Watch Watch
Your home of Commercial Ready videos
Watch Watch
Search
All Videos
Search
Grid
Back
Sold Check
Go to Home
Properties / Sold / Victoria / Box Hill
Save
Share
Sold

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

+15 Photos
/
Images
Close

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

Box Hill

32-34 Kangerong Road, Box Hill, VIC, 3128
×
Sold Check
+17 Photos
/

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

Box Hill

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

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

Properties / Sold / Victoria / Box Hill
Tenanted Investment
Selling Method
SOLD
Selling Details
Contact the Melbourne Commercial Property Experts
Land Area
2,842 m² (*approx)
Property Type
Hotel/Leisure
Est. Income
$555,000 p/a
Show All
High Yielding Student Accommodation Asset in Central Box Hill
  • 46 room Student Accommodation Asset
  • Substantial 2,842sqm* landholding
  • General Residential Zone-3

SOLD

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 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
Tenanted Investment
Tenanted Investment

32-34 Kangerong Road Investment Summary

Property Type
Hotel/Leisure
Est. Income
$555,000 p/a
Land Area
2,842 m² (*approx)
Selling Method
SOLD
Selling Details
Contact the Melbourne Commercial Property Experts

Investment Highlights

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

SOLD

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 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
Tenanted Investment
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
James Latos
James Latos
+61 *** *** *** show +61 422 604 900

Download Development Site Report
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
James Latos
James Latos
+61 *** *** *** show +61 422 604 900

Property Location of 32-34 Kangerong Road, Box Hill, VIC, 3128

One moment please.

Retrieving map...

Box Hill Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

Powered by DistrictData

View Full Report – Dataroom

One moment please.

Retrieving suburb data...

+ More nearby suburbs – View dataroom

Finance Calculator

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

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report
32-34 Kangerong Road, Box Hill, VIC, 3128 Box Hill
Savills Melbourne
Savills Melbourne
80, Collins Street, Melbourne, Victoria, Australia, 3000
View Agency Profile
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
James Latos
James Latos
+61 *** *** *** show +61 422 604 900
calculator-icon Yield Calculator
calculator-icon Yield Calculator
calculator-icon
income-icon clear-icon
income-icon clear-icon
income-icon