Retail Investment, Development Sites, Investment Services
Situated within Box Hill’s Activity Centre directly, this was an exceptional opportunity for an investor to acquire a significant freehold property with a long term secure lease to K-Mart Tyre & Auto Services.
Investment considerations included:
+ Significant landholding 563 sq m*
+ Long lease to K-Mart Tyre & Auto Services owned by Westfarmers.
+ Commercial 1 Zoning providing potential for future high rise residential, retail, office and hotel development.
+ Located within one of Melbourne’s most progressive and dynamic metropolitan sub-markets with a number of highly successful development projects spanning high density residential, office and hotel.
* denotes approx.
For further information on this sale, contact the agents.