254-256 Dorset Road, Boronia, VIC 3155

Retail | Development/Land

Sold $800,000

  • Property ID: 440348
  • Floor Area: 180m²
  • Land Area: 277m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 30/01/2024 180m2 277m2 $980,000
INVEST, OCCUPY, DEVELOP STPA PRICE DROP!!!

Tsimos Commercial is delighted to offer this brilliant property with HUGE potential.

OCCUPY/ INVEST/ DEVELOP

Brilliantly located in the heart of Boronia shopping precinct 254-256 Dorset Road, Boronia, this property offers so much more than you regular retail investment.

This exceptional offering has two street frontages, opportunity to add a third retail tenancy at rear which fronts Dorset Square or knock down and development into 3-4+ level(s)
(STPA)

Two shops side by side 92sqm each, rental starting at $32,000pa plus GST and outgoings

Features
- Total retail 185m2
- Total Land 277m2
- Commercial Zone 1
- Vacant Possession
- Ready to go now

The property is offered for sale by negation or for rent.

For further information, please contact one of the agents listed below.

Boronia Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3872 $166 4.28%
Retail $4379 $179 4.09%
Industrial $1859 $125 6.73%
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 Retail 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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Property Detail Notes:

  • 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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