Michelle Lanigan Real Estate Pty Ltd Home
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Property Details

For Sale - 171 Boronia Road, BORONIA, VIC 3155

Investment Opportunity - HUGE PRICE REDUCTION

Investment (), Offices
Property ID: 8075
Price: $1,200,000
Building: 400m²
Land: 992m²

PROPERTY DESCRIPTION

Currently 4 office suites are leased, and there is also potential for future development (STCA). This property is located next to Boronia Village Shopping Centre and a short stroll to the bus and train stations. Ample parking at the rear.

Estimated annual rental if fully leased is approx. $70,000 plus outgoings.
Currently returning around $48,600.00 pa plus outgoings.

There are 6 offices:

Ground Floor
Suite 1 -
• Currently vacant.
• Open plan with sink unit.
• Heating/cooling.
• Ground floor access with beautiful natural light and plenty of windows facing Boronia Road.

Suite 2 –
• Currently leased till August 2022.
• Fully partitioned by the current tenant.
• Heating and cooling and has its own sink unit.

Suite 3 –
• Monthly tenancy, and occupied by the same tenant for nearly 20 years.
• The ground floor also offers a communal kitchen with sink unit and fridge.
• 2 male and 2 female toilets.
• Each suite is alarmed.


First Floor
Suite 4 –
• Currently vacant.
• Open plan with heating/cooling.
• Beautiful natural light and plenty of windows facing Boronia Road.

Suite 5 –
• Leased until November 2020.
• Fully partitioned by the current tenant and decorated in bright beautiful colours to welcome any client.
• Heating/Cooling and own sink unit.

Suite 6 –
• Leased until February 2023.
• Fully partitioned by the current tenant and also decorated in bright beautiful colours.
• Beautiful natural light with plenty of windows.
• The first floor area also offers a communal kitchen with sink unit and fridge.
• 1 male and 1 female toilet.
• Each suite is alarmed.

Please phone for further details.

COMPONENTS

NAME NABER'S BUILDING LAND RENT (p.a.) PRICE
171 Boronia Road N/A 400m2 992m2 N/A $1,200,000
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ADDITIONAL INFO

FEATURES
Occupancy Vacant
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COMMENTS

PROPERTY OVERVIEW
Property ID: 8075
Price: $1,200,000 Rent: N/A
Building: 400m² Land: 992m²
AGENT DETAILS
  • Michelle Lanigan

    P: (03) 9761 0777
    M: 0417 361 161

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