7 & 8, 255 Dorset Road, Boronia, VIC 3155

Retail | Offices

For Sale

  • Property ID: 448139
  • Floor Area: 56m²
  • Occupancy: Tenanted
TWO SHOPS - ONE TITLE - RETAIL INVESTMENT

Appleby Commercial is pleased to offer shops 7 & 8 /255 Dorset Road, Boronia to the market for private sale.

Two shops on one title, an excellent opportunity to purchase a retail investment located next to the Boronia Train Station with dual income.

At present both shops are leased.

SHOP 7
Leased to Soul Queen art Co
Rental: $7,999.20 plus outgoings
Lease term: 2 years & 17 days
Options: 2 further options of 2 years
Lease commencement: 15/12/2023
Shop size: 27.83 square metres

SHOP 8
Leased to Chuntung
Rental: $8,279.88 plus outgoings
Lease term: 2 years
Options: 2 further options of 2 years
Lease commencement: 1/7/2023
Shop size: 27.83 square metres

FEATURES INCLUDE
Walking distance to Coles/Kmart Complex
Next to train Station
Dual rental income

Please contact Appleby Commercial for further information or to organise an inspection on (03) 8727 9555

Additional Information
Features
  • Availability: Now
  • Lease Term: 2 years 17 days
  • Rent Review: 1/1/2025
  • Condition: Good
  • Lifts: No
  • Car Parking Fees: No
Outgoings
  • Water Rates: Tenant pays
  • Council Rates: Tenant pays
  • Owners Corp. / Insurance: Tenant pays
Boronia Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4512 $219 4.86%
Industrial $2206 $235 10.65%
Offices $4202 $210 5.00%
This is the average advertised price, rent and yield for Boronia, VIC 3155*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Appleby Real Estate

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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