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945A Station Street, Box Hill North.

3
$860,000 - $940,000

Secure Income in a Prime Location

- Commercial Income: - Return income 6.1% - 6.6% approx. - $57,600 + GST + outgoings - Commercial lease term: - 3 years until December 2026 with further 5 + 5 year option - Land area: 175m2 approx. - Retail premises approx. 100m2, occupied by patisserie - Dual street frontage - Commercial 1 Zone Set in a tightly held strip in Box Hill North, this dual-level commercial freehold offers immediate income and long-term upside for the savvy investor. Currently leased at $57,600 + GST p.a. until December 2026, with a 5+5 year option, this is a turn-key investment opportunity in one of Melbourne's most connected suburbs. Positioned on 175sqm approx. of Commercial 1 zoned land, the property comprises approx. 100sqm across two levels-an attractive street-facing retail shopfront and a lower-level space with separate rear access. Recent upgrades include LED lighting, ducted air conditioning, tiled and concrete floors, and a modern glass façade, ensuring the asset presents well and requires minimal upkeep. Rear access via St Phillips Place services three at-grade car parks-rare for commercial holdings. Dual street exposure enhances accessibility for both customers and staff. The surrounding precinct is a blend of residential and local commercial activity, underpinned by steady foot traffic, strong road connectivity via Station Street and the Eastern Freeway, and proximity to Box Hill Central (approx. 2km). With low vacancy rates in the area and a stable, long-term tenant in place, this is a compelling opportunity for passive investors, SMSFs, or buyers seeking a foothold in Melbourne's east. Disclaimer: Belle Property Doncaster East has taken every precaution to ensure the accuracy of the information provided. However, we accept no responsibility and disclaim all liability for any errors, omissions, or misstatements. Prospective purchasers should conduct their own enquiries and verify all information independently. Purchasers are also encouraged to refer to the Due Diligence Checklist provided by Consumer Affairs Victoria: www.consumer.vic.gov.au/duediligencechecklist

Senior Associate
Sales Consultant
Licensed Estate Agent
Property information
Property ID
222P591960
Property type
Retail
Land size
175.0 sqm
Home size
100.0 sqm
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Your local office.

Belle Property Doncaster East's success embodies a deep understanding of the local real estate market and our commitment to providing premium client care. The agency stands out from the crowd as a fresh new office in the area with a great reputation of professionalism, integrity and well-achieved results, along with a vibrant team culture.

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