251 Dorset Road, Boronia, VIC 3155

Investment | Offices | Retail

Sold $650,000

  • Property ID: 315695
  • Floor Area: 194.35m²
  • Land Area: 303m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Shop Sold 11/02/2019 194.35m2 303m2 Contact Agent
FREEHOLD DORSET ROAD INVESTMENT

This shop located along Dorset Road in Boronia is on the market for sale as an investment. The current rental on the property is $28,095.12 per annum plus outgoings and the current lease term is 4 years and 18 days with three 4 year lease options remaining. The lease commenced on the 14/11/2017 . Features of the property include:

Great location
Building size: 194.3 square metres
Land size: 303 square metres
Rear access
Freehold Walking distance to Boronia train station
Close to major Boronia shopping centres

Additional Information
Features
  • Zoning: Commercial
  • Lease Term: 4 years 18 days (3 further terms of 4 years)
  • Rent Review: Annually
  • Car Spaces: Yes
Boronia Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3392 $201 5.92%
Industrial $2043 $97 4.76%
Offices $2876 $185 6.44%
This is the average advertised price, rent and yield for Boronia, VIC 3155*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

Appleby Estate Agents

20 Station Street, Bayswater, VIC 3153

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 251 Dorset Road, Boronia, VIC 3155. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 251 Dorset Road, Boronia, VIC 3155. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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