Opportunity presents itself in a number of ways;
3 lot subdivision (STCA) or develop+retain this retail opportunity in the center of the Boronia CBD with neighbours like Coles, Kmart, ANZ and CBA and more, allow one title with three properties with strong rent increases.
Potential net return of $49,440.00 (net per annum).
Complete with long standing tenants, access to Railway Station, buses and walkthrough to Dorset Square.
Zoned Commercial 1
254 Dorset Road Boronia
Currently leased for $1,220.50 per calendar month plus GST plus outgoings ($14,646.00 P.A. net rent plus GST)
256 Dorset Road Boronia
Currently leased for $1,400.00 per calendar month plus GST plus outgoings ($16,800.00 P.A. net rent plus GST)
32a Dorset Square – Vacant Land
90 SQM (Approx), fabulous exposure with potential for lease after development of $18,000 per annum facing Dorset Square.
Terms: 10% Deposit Balance, 30/60/90 Days
*Selling as a going concern