164 Boronia Road, Boronia, VIC 3155

Offices

Sold

  • Property ID: 398046
  • Floor Area: 624m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
164 Boronia Road Sold N/A 624m2 N/A Contact Agent
Solid Investment!! - Fully leased

I am delighted to offer this property for sale.
Located on Boronia Road, only minutes walk to the bus and train station, this property offers flexibility to an investor who may also wish to occupy one of the office suites. The property consists of 4 spacious suites, each with partitioned offices, air conditioning, bathroom and kitchen facilities and allocated car parking. The basement parking has 26 car spaces, 2 of which are storage units and is secured by a large gate for added security. The property is offered as a whole but each suite has its own title.

Unit 1 = 186 sqm
Five year lease expiry 31st December 2024
Plus five year option term
Annual reviews

Unit 2 = 119 sqm
Three year lease expiry 31st December 2024
Plus five year option term
Annual reviews

Unit 3 = 200 sqm
Five year lease commencing 1st May 2022
Plus five year option

Unit 4 = 119 sqm
Lease expiring April 2022

Nett annual rental of $121,542.00 plus pa plus outgoings.

For further information or to arrange an inspection, please telephone Michelle Lanigan on 0417 361 161.

Additional Information
Features
  • Lease Term: Varied
  • Rent Review: annual
  • Car Spaces: Allocated per suite
  • Air Conditioning: yes
  • Lifts: No
  • Car Parking Fees: Included in rental
Outgoings
  • Water Rates: Payable by tenant
  • Council Rates: Payable by tenant
  • Owners Corp. / Insurance: Payable by tenant
Boronia Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3872 $166 4.28%
Industrial $1859 $125 6.73%
Retail $4379 $179 4.09%
This is the average advertised price, rent and yield for Boronia, VIC 3155*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.
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  Michelle Lanigan Commercial & Industrial

 

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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™.
  • 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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