PROPERTY VIEW

8 James St and 499 Station St, BOX HILL, VIC 3128
For Sale : BOX HILL

2 AUCTIONS 2 INCREDIBLE OPPORTUNITIES ***SOLD***

Development/Land(Residential), Investment(Residential)

Auction: 13/11/2019 1:00:00 PM


Property Description

2-8 JAMES STREET, BOX HILL

Providing significant opportunity for investors and developers alike to secure two entire blocks of apartments comprising 17 oversized one and predominantly two bedroom apartments.
Refurbish and invest, sell down or alternatively take advantage of the Residential Growth Zoning and redevelop.  
  • Land Area: 2,279 sqm*
  • 5x1 bedroom and 12x2 bedroom apartments – all units strata titled
  • Currently returning $249,996 pa* as two units have been left vacant for inspection purposes
  • Est fully leased rent: $280,000 pa*
  • Residential Growth Zone

499 STATION STREET, BOX HILL

Adjoining 2-8 James Street you will find 499 Station Street to be offered separately, comprising three two bedroom townhouse style units to be sold as one. These well located two storey units provide individually titled lots together with private courtyards and garage parking.
  • Land Area: 745 sqm*
  • 3x2 bedroom villa units – All units strata titled
  • Returning: $54,180 pa*
  • Residential Growth Zone
Located within the Box Hill Activity Centre; a precinct that has seen exponential growth and development in recent years. Local and offshore investment has created a citylike atmosphere with high-rise development providing new hotel and apartment accommodation as well as world class food and retail offerings.

8 JAMES STREET, BOX HILL
AUCTION: WEDNESDAY 13 NOVEMBER AT 1PM ON SITE

499 STATION STREET, BOX HILL
AUCTION: WEDNESDAY 13 NOVEMBER AT 1.30PM ON SITE


*approx 

***SOLD***
 

Contact Agent

Stephen Speck

Email:[email protected]

Phone:+61 3 9654 3333

Mobile:0404 893 142

Joseph Carbone

Email:[email protected]

Phone:+61 3 9662 3030

Mobile:0418 351 316

Property Overview
Property ID: 8172
Building Area: 1m²
Land Area: 3024m²
Price: contact agent
Terms:
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Components
Name/Unit Nabers Rating Building Area Land Area Rental PA Price
8 James Street & 499 Station Street 1m² 3024m² sale only n/a
Additional Info
Features
Occupancy Tenanted: Tenanted Zoning Residential Growth Zone
Suitable Development   Permits Issued  
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Lease Term   Bonds / Guarantees  
Rent Review   Car Spaces  
Availability  
Outgoings
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Owners Corporation / Insurance   Other Charges  
Comments
 
Documents
Floor Plans
 
LICENSED ESTATE AGENTS & PROPERTY CONSULTANTS 100 COLLINS ST MELBOURNE (03) 9662 2020