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 4,488 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
The property is for sale via an Expressions of Interest campaign closing at 3:00 pm on Wednesday, 15 April 2026. 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.
Remember to mention you found this property on CommercialReady
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 4,488 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
The property is for sale via an Expressions of Interest campaign closing at 3:00 pm on Wednesday, 15 April 2026. 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.
Remember to mention you found this property on CommercialReady
321 Middleborough Road, Box Hill South, VIC, 3128
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
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