79 Boronia Road, Boronia, VIC 3155

Retail | Offices | Medical

For Sale AUCTION | $520,000 - $570,000

Auction: Friday, Aug 23, 11:00 PM

  • Property ID: 340013
  • Floor Area: 188m²
  • Occupancy: Vacant
  • NBN Availability: Build Commenced
RETAIL INVESTMENT CIRCA 5.5% - BRAND NEW LONG TERM LEASE

Ray White Commercial Victoria in conjunction with Appleby Real Estate are delighted to offer 79 Boronia Road, Boronia to market by way of a Public on-site Auction scheduled for Friday 23rd August 2019 @ 1:00pm. This fantastic retail investment on busy Boronia Road which benefits from immense exposure is the perfect offering for any astute investor looking to add to their S.M.S.F or commercial property portfolio.

Recently let with a brand new 5 + 5 year lease, this is one opportunity not to be missed!

Features of the property include:

- Brand-new 5 + 5 year lease (April 2019)
- Current Rental | $29,000 p/a + GST + Outgoings
- Total building area | 188m2 approx
- High exposure location
- Rear car parking & access
- Air conditioning throughout
- Amenities | kitchenette, M/F toilet facilities
- Recently fitted new roof
- Walking distance to Coles/Kmart complex
- Commercial 1 Zone (C1Z)

The property will be open for inspection on the following dates and times:

- Thursday 15th August | 9.30am - 10.00am
- Friday 23rd August | 12.30pm - 1.00pm

For further information or to obtain a copy of the information memorandum and the section 32, please contact one of the exclusive marketing agents:

Ryan Amler (Ray White Commercial) - 0401 971 622
Theo Karkanis (Ray White Commercial) - 0431 391 035
Andrew Hill (Appleby) - 0421 904 271

Boronia Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3302 $189 5.74%
Offices $2879 $176 6.11%
Industrial $2033 $92 4.54%
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.

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™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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