1-6, 23 James Street,
Box Hill, VIC 3128
Other
Price information
Sale - Auction Thu 30 May
$2,250,000 - $2,400,000
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Map of 1-6, 23 James Street
Train stations within 5 km of 1-6, 23 James Street, Box Hill, VIC 3128 Distance Box Hill Station 507 m Mont Albert Station 1.4 km Laburnum Station 1.8 km Blackburn Station 2.7 km Chatham Station 2.8 km POWERED BY HERE ©Tram stops within 5 km of 1-6, 23 James Street, Box Hill, VIC 3128 Distance 58-Box Hill Central/Whitehorse Rd (Box Hill) 654 m 57-Nelson Rd/Whitehorse Rd (Box Hill) 696 m 56-Elgar Rd/Whitehorse Rd (Box Hill) 867 m 55-Hood St/Whitehorse Rd (Mont Albert) 1.2 km 61-Elgar Rd/Riversdale Rd (Surrey Hills) 1.8 km POWERED BY HERE ©Bus stops within 5 km of 1-6, 23 James Street, Box Hill, VIC 3128 Distance James StStation St 215 m Combarton St/Station St (Box Hill) 295 m Harrow St/Station St (Box Hill) 361 m Collins St/Station St (Box Hill) 452 m Box Hill Bus Station/Station St (Box Hill) 467 m POWERED BY HERE ©
POWERED BY HERE ©
A rare lucrative investment opportunity.
If you’re after a rock solid investment with potential for the future, it’s difficult to overlook this value-packed block of six strata titled villa units in the heart of blue ribbon Box Hill!
This incredible six-unit site (two one-bedroom units and four two-bedroom units all with titled car space) currently generates $104,280 (approx.) in annual rental income. And given that each unit is individually titled, you could also resell each unit individually for a profit immediately.
But that’s not your only option…
Presented in original condition, there’s scope to renovate the neat and tidy interiors, which would allow you to rent them out (or sell them off individually) for a higher value after you’ve applied your contemporary touch.
Sited on a generous 828sqm (approx.) allotment inside the Box Hill High School zone, an opportunity also presents itself to extract maximum value from the block and redevelop (STCA).
Whatever your vision is for this rare opportunity, it will benefit enormously from its five-star location that’s within short walking distance of Box Hill Central, Box Hill train station, trams, popular shops, cafes and eateries, Surrey Park Lake and Aqualink Box Hill.
This incredible six-unit site (two one-bedroom units and four two-bedroom units all with titled car space) currently generates $104,280 (approx.) in annual rental income. And given that each unit is individually titled, you could also resell each unit individually for a profit immediately.
But that’s not your only option…
Presented in original condition, there’s scope to renovate the neat and tidy interiors, which would allow you to rent them out (or sell them off individually) for a higher value after you’ve applied your contemporary touch.
Sited on a generous 828sqm (approx.) allotment inside the Box Hill High School zone, an opportunity also presents itself to extract maximum value from the block and redevelop (STCA).
Whatever your vision is for this rare opportunity, it will benefit enormously from its five-star location that’s within short walking distance of Box Hill Central, Box Hill train station, trams, popular shops, cafes and eateries, Surrey Park Lake and Aqualink Box Hill.
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Additional information
External websites
Property ID: 504578772Last Updated: 16 May 2024
04098276...
1-6, 23 James Street
Box Hill, VIC 3128
Barry Plant - Whitehorse 483 Whitehorse Rd
MITCHAM, VIC 3132
MITCHAM, VIC 3132
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