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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

EOI Closed

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

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4. Property Location

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

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5. Due Diligence

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