486-488 Elgar Road, Box Hill, VIC 3128

Development/Land

For Sale Contact Agent

  • Property ID: 391682
  • Land Area: 1194m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Rare Development Site in Box Hill Health & Education Precinct

Colliers are pleased to present 486-488 Elgar Road, Box Hill for Private Sale.
The property is situated in the heart of Box Hill’s Health and Education Precinct and is perfectly positioned to provide for unobstructed view lines towards the Melbourne CBD skyline. With a prime location in an area receiving major public and private infrastructure investment including the Suburban Rail Loop (SRL) and a proposed major upgrade to Box Hill Central this development opportunity deserves your full consideration.
Key features of this magnificent opportunity are highlighted below:
• Potential for spectacular unobstructed view lines west towards to Melbourne CBD skyline.
• Situated within the Box Hill’s Health and Education Precinct and suitable for a number of varying developments or mixed project.
• Potential for a 15 Storey building with immediate planning precedence nearby for even greater height outcomes.
• Surrounded by a significant number of amenities such as Box Hill Central, Box Hill Train Station, The Hospital Precinct and the Education Precinct.
• Proximity to Melbourne’s fastest growing Major Activity Centre outside the Melbourne CBD.
• Internationally recognised location that brings migration, tourists and investors from across the globe, specifically from Asia.
• The Box Hill area is currently receiving major public and private infrastructure investment including the Suburban Rail Loop (SRL) and a proposed major upgrade to Box Hill Central. 486-488 Elgar Road will be a major beneficiary of this.
*Approx
For further information, please contact the exclusive selling agents at Colliers.
Jun Lai ???
0456 535 000
Hamish Burgess
0421 641 497
James Wu ????
0423 675 777

Box Hill Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $10000 $354 3.54%
Industrial --- $203 ---
Offices $8667 $933 10.77%
This is the average advertised price, rent and yield for Box Hill, VIC 3128*
* 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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