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

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

Box Hill

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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
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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

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

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

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