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9 Prospect Street 2,325 - 11,000 SF Condo Units Offered at $3,112,344 - $7,362,999 Per Unit in Box Hill, VIC 3128
Investment Highlights
- The property is located adjacent to Box Hill Central, a major retail and transport hub.
- The building includes provisions for on-site car parking to support tenant and visitor needs.
- The surrounding area features a mix of retail, dining, and commercial services.
Executive Summary
The property at 9 Prospect Street, Box Hill, is a multi-level commercial building designed for office and related uses. It is located adjacent to Box Hill Central, a major retail and transport hub in the area. The building provides access to public transportation, including tram and bus services, and is positioned within a high-traffic precinct. The structure accommodates multiple strata-titled spaces and includes provisions for on-site car parking. Surrounding land uses include retail, dining, and other commercial services, contributing to a well-established business environment.
2 Units Available
| Unit Size | 11,000 SF | Condo Use | Office |
| Price | $7,362,999 | Sale Type | Investment or Owner User |
| Price Per SF | $669.36 |
| Unit Size | 11,000 SF |
| Price | $7,362,999 |
| Price Per SF | $669.36 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Description
The property comprises a strata-titled office space located on Level 2 of 9 Prospect Street in Box Hill. It offers a total floor area of approximately 1,022 square meters and is designed to accommodate a range of commercial uses, including office, showroom, or medical purposes. The building provides access to car parking facilities, with bays available for purchase. Completion of the development was scheduled for mid-2022. The property is situated within a mixed-use precinct that includes retail, transport, and commercial amenities.
Sale Notes
The office space is available for purchase on a strata basis, with the option to acquire the full floor or a portion of it. Car parking bays are offered separately at an additional cost. The property was marketed with an asking price of $10,000 per square meter plus GST.
| Unit Size | 2,325 SF | Condo Use | Retail |
| Price | $3,112,344 | Sale Type | Investment or Owner User |
| Price Per SF | $1,338.64 | No. Parking Spaces | 2 |
| Unit Size | 2,325 SF |
| Price | $3,112,344 |
| Price Per SF | $1,338.64 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
The property forms part of a strata-titled development located at 9 Prospect Street in Box Hill. The development comprises multiple lots within a mixed-use complex designed for retail and commercial use. Common property areas include internal circulation spaces, external pedestrian access ways, and shared utility infrastructure servicing individual units. Ownership of the specific lot includes responsibility for maintenance contributions via strata levies as outlined by the owners corporation and compliance with strata bylaws governing activities and alterations.
Sale Notes
This strata-titled retail property offers approximately 216 square meters of internal space along with two secure car spaces included on title. Located at 9 Prospect Street within Box Hill’s growing commercial precinct, the property provides flexibility in use for retail, office, showroom, or medical purposes. The site benefits from proximity to public transport options with tram and bus stops nearby, contributing to accessibility and operational convenience.
Its modern construction and adaptable layout make it suitable for businesses seeking space within an area characterized by strong infrastructure and sustained growth. Positioned within a dynamic urban setting, it presents an opportunity for investors looking for long-term value or owner-occupiers interested in securing premises in a well-established location.
Property Facts
| Total Building Size | 284,598 SF | Floors | 25 |
| Property Type | Multifamily | Typical Floor Size | 11,377 SF |
| Property Subtype | Apartment | Lot Size | 0.36 AC |
| Building Class | B |
| Total Building Size | 284,598 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 25 |
| Typical Floor Size | 11,377 SF |
| Lot Size | 0.36 AC |
Amenities
Site Amenities
- 24 Hour Access
- Elevator
Presented by
Gibson Land
9 Prospect Street
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