158 Elgar Road, Box Hill South VIC 3128

Welcome to our latest retail property listing. We are excited to present to you a unique opportunity to acquire a commercial space with incredible potential for development and growth. This property, located in a prime area, offers a blank canvas for the discerning investor or business owner to create their vision of a thriving retail environment.

Location – Positioned in a high-traffic area with excellent visibility, this retail space offers tremendous exposure and marketing opportunities for any business. Tram 70 is on the doorstep, providing excellent public transport access.

Size – Boasting a total land area of 180 square meters and a building area of 80 square meters, this property provides ample space to accommodate a variety of retail concepts.

Zoning – With a Commercial 1 Zone classification, this property offers the flexibility to accommodate a broad range of businesses.

Potential - Approved plans for a three-story complex make this property a rare investment opportunity. The plans include a retail shop on the ground floor, commercial space on the first level, and four bedroom residential apartment on the top floor.

Plenty of parking is available in front of the property, ensuring easy access for customers and residents.The planned complex provides a unique opportunity for the astute investor or business owner to create a mixed-use development that can generate income from both commercial and residential spaces. The addition of four apartments will provide a steady rental income stream, while the retail shop can serve as the perfect anchor tenant to attract more foot traffic to the area.

We invite you to explore the endless possibilities of this property and envision the potential that it holds. To schedule a private viewing or to request further information, please do not hesitate to contact us. Thank you for considering this unique opportunity, and we look forward to hearing from you soon.

For more information or a copy of the plans please get in touch.

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