Stonebridge Property Group, in conjunction with Wilson Commercial, are pleased to present for sale 523 Middleborough Road, Box Hill North via Public On-site Auction.

The key highlights of the opportunity include:

– A flexible Box Hill North freehold with a strategic lease to longstanding tenant providing untapped future potential

– Leased by longstanding tenant Kerrimuir Noodle Bar who boast a leading local following and strong reviews (4.7 star UberEATS rating)

– Tenanted on a 5-year lease term with no further options to renew, providing occupier and value add potential from 2026

– An underutilised 213 sqm* landholding, coupled with favourable zoning and precedent for additional height provides exciting value add possibilities

– The flexible freehold boasts surplus rear land and complementary rear lane access/parking – a major advantage for the current and future tenants

– The property well positioned on the heavily trafficked Middleborough Road with exposure to 27,000* passing cars daily

– Middleborough Road is a strong trading and tightly held precinct anchored by national/international retailers, McDonald’s, Coles Express, Red Rooster and Subway

523 Middleborough Road, Box Hill North is offered for sale via Public On-site Auction on Wednesday 12th June 2024 at 2:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Nic Hage
0448 782 594

Ian Lam 林煒峻
0416 621 859

Rorey James
0439 400 081

Wilson Commercial:

Adam Guest
0425 288 888

Alan Watson
0434 398 818

* Approximately

Property Code: 959