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118-120 Boronia Rd 1,130 SF 100% Leased Retail Building Boronia, VIC 3155 For Sale
Investment Highlights
- Prime corner site in Boronia Major Activity Centre
- Current income approx. $75,556 p.a. with growth potential
- Zoned Commercial 1 with scope for up to 10 levels (STCA)
- Two retail shops on one title with leasing upside
- High-traffic intersection with strong branding exposure
Executive Summary
An exceptional opportunity to secure a prime corner investment with immediate income and substantial future upside. Offering two retail tenancies on a 364 m² landholding within the Boronia Major Activity Centre, this property combines strong holding income of approximately $75,556 p.a. with zoning that supports multi-level redevelopment (STCA). Positioned at a key intersection with high traffic volumes and surrounded by a robust retail and residential catchment, 118–120 Boronia Road represents a strategic acquisition for investors, developers, and value-add buyers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,130 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.10 AC
Frontage
31’ on Boronia Road
Amenities
- Corner Lot
- Signage
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118-120 Boronia Rd
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