INTRODUCTION

ASTON COMMERCIAL ARE PLEASED TO BRING TO THE MARKET 160 – 162A ELGAR ROAD, BOX HILL SOUTH FOR SALE VIA EXPRESSIONS OF INTEREST (EOI) CLOSING THURSDAY 2ND OF APRIL 2020 AT 3PM.

160–162a Elgar Road, Box Hill South is situated within the boutique Wattle Park Shopping Village. A precinct known for tree lined streets, beautiful local parks, Universities and local schools. The offering is ideally split over two titles and fully let to two tenants as follows:

• Wattle Park Cellars

– Local family run business operating from the premise for over 25 years.

• 1-Bedroom Apartment

– Well-presented apartment leased to a long-standing tenant with separate access from the rear lane.

Ideally presented on a 377m 2* allotment of land with over 16 metres* of prime Elgar Road frontage, this property provides opportunity to potentially develop the site in the future or significantly value add and increase the rental income. Positioned in a blue-chip location with dual income streams this provides purchasers with flexibility to have as a long-term holding investment or provide the opportunity to part owner occupy in the future. Aston Commercial highly recommends this property for your property portfolio.

*approx.

Asset Highlights:

• Combined Income Returning $67,530.92 per annum • Exceptional Main Street Frontage of over 16 metres* • Prime Commercial 1 Zoning (C1Z) Land with Future

Development Potential (STCA) • Rear Access Via ROW Lane Providing Two Frontages • Perfect Landbank Property in Growth Corridor • Two Long Standing Tenants – 30 Plus Years Combined