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2. Property Highlights

Rare Offering in Tightly Held Precinct
  • 3,568sqm* development site
  • Short WALE providing holding income
  • Located within a tightly held precinct

Dawkins Occhiuto are excited to present for your consideration a rare offering in a tightly held Box Hill precinct. The site is in an exclusive industrial area of Box Hill North, where less than 40% of sites exceed 750sqm in size, highlighting the exceptional scarcity of this opportunity.

This property comprises a substantial 3,568sqm* Industrial 3 zoned site boasting a strategic location primed to benefit from the surrounding road and business infrastructure. The site is currently improved with an office warehouse and additional shed with a total GLA of 1,842sqm* and is occupied by MCC Verstraete Australia, a Multi-Colour Company. 

This property presents an ideal chance for an owner-occupier or developer to leave their imprint on the coveted Box Hill North area.

Key features of the offering include:

  • Industrial 3 zoned site of 3,568sqm* 
  • Office warehouse of 1,684sqm* plus rear shed/storage of 158sqm*
  • Exceptional development potential for a new industrial warehouse, self-storage facility, industrial units, or a place of worship (STCA) 
  • Leased to MCC Verstraete, an MCC Multi-Color Corporation
  • Net Passing Income of $196,385 p.a.* 
  • Situated within a tightly held industrial precinct of Box Hill North  

*approx.

This property is offered for Sale via International Expressions of Interest closing Tuesday, 23 April 2024 at 3.00pm (AEST)

Please contact exclusive selling agents Dawkins Occhiuto for more information.

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4. Property Location

46 Lexton Road, Box Hill North, VIC, 3129

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5. Due Diligence

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46 Lexton Road, Box Hill North, VIC, 3129 Box Hill North
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