20 Victoria Street represents a truly extraordinary investment or development opportunity. Set on a sizable (approx. 1500m2) and completely level allotment on one of the highest points in Box Hill, the site boasts an unbeatable location on a quiet, tree-lined street directly across from parkland. At the same time, it’s just a short walk to Box Hill Centro, bus and train stations and Box Hill High School. One of Melbourne’s premier transportation and commerce hubs, Box Hill’s forecasted expansion and soaring growth make it the ideal investment location and sites like this will only become more sought after. Offered for the first time in many decades, the site is currently home to four older style two-bedroom villas returning approximately $57,000 per annum. The development potential for a highly desirable multi-unit site or townhouse development (STCA) is unrivalled. Act quickly to take advantage of this rare opportunity.