32-34 Kangerong Road, Box Hill, Vic 3128

NSL Property Group is pleased to present 32–34 Kangerong Road, Box Hill For Sale.

Positioned in the heart of Box Hill’s established education, retail and lifestyle precinct, this purpose-built student accommodation asset presents an outstanding investment opportunity.

Comprising a 46-room student accommodation facility on a substantial 2,842 sqm* landholding, the property offers an estimated fully leased gross annual income of $554,700–$655,980 p.a.

Property Highlights:
•    Substantial 2,842 sqm* Landholding
•    46-Room Student Accommodation Facility
•    Estimated Income Up To $655,980 p.a.
•    13 On-Site Car Parking
•    General Residential Zone (GRZ3)
•    Commercial Kitchen & Communal Spaces
•    Outdoor Areas For Residents
•    Future Development Potential (STCA)
•    Prime Box Hill Education & Lifestyle Precinct
•    Excellent Access To Retail & Transport

Offering an established accommodation asset with attractive income potential and future development possibilities (STCA), this is an opportunity to secure a substantial holding in one of Melbourne’s key eastern precincts.

For further details on this property or to discuss your Box Hill property requirements, contact:

Jackson Brenchley 0431 286 661
Guy Naselli 0413 750 744


* Approximately

Property Code: 429