321 Middleborough Road, Box Hill South, VIC, 3128

***** OFFERS UNDER REVIEW *****

Gross Waddell ICR is pleased to offer this blue-chip large format retail (LFR) investment located at 321 Middleborough Road, Box Hill South. Occupying an extremely rare and high-profile landholding in the heart of the Box Hill South retail precinct, this LFR centre comes fully leased and offers significant value-add potential post lease expiration.

The property has the following investment highlights:

• 100% leased to a high-quality and longstanding tenancy mix, anchored by Genesis Gym (Belgravia Group)

• Securely leased to four longstanding tenants, boasting a 4.4-year WALE^

• Significant passing income profile, returning $907,073.77 net per annum*

• Extensive LFR centre with 4,253 sqm* of building area and over 141 on-site car parks*

• High-exposure 8,076 sqm* landholding with a total frontage of 59 m*

• Highly flexible Industrial 1 Zone (IN1Z) with five individual titles, allowing long-term flexibility

• Gateway property to Box Hill South’s burgeoning retail and showroom precinct

• Surrounded by Australia’s leading retail brands, including Bunnings, Spotlight, Anaconda, Officeworks, BCF, Chemist Warehouse and many more

• Close proximity to thriving retail and lifestyle amenity, including Burwood Brickworks, Forest Hill Chase, Burwood One, Box Hill CBD and Deakin University

For further information or to organise a personalised tour of the property, please contact the team at Gross Waddell ICR directly.

^ WALE based on lease expiry

*Approx.

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