262 Boronia Road, Boronia, VIC 3155

Development/Land

For Sale

  • Property ID: 441138
  • Floor Area: 227m²
  • Land Area: 1392m²
  • Occupancy: Tenanted
Investment Opportunity with Development Potential (STCA)

Situated at 262 Boronia Road, Boronia, this prime piece of land offers a multitude of possibilities. With a generous land size of 1392m2, this property is zoned for residential use, making it a valuable asset for savvy investors and developers alike.

Currently, the property boasts a commercial lease agreement, providing a reliable rental return of $55,000 plus GST and outgoings. This secure income stream allows you to sit back and collect rent while you plan for the future.

The location of this property is also a major drawcard. Close to all amenities, including shops, schools, and public transport, it offers convenience and accessibility for both residents and potential tenants. Whether you choose to develop the land or hold onto it for future gains, this property is a smart investment choice.

Don't miss out on this incredible opportunity to secure residential land with development potential in the heart of Boronia. Contact us today to arrange a viewing and explore the possibilities that await you.

Additional Information
Features
  • Lease Term: 4x4
Boronia Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4119 $172 4.19%
Industrial $1859 $127 6.81%
Offices $3652 $157 4.31%
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:

  • 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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