SOLD
Sold on 13 Nov 2023 for $67,500,000

249 Middleborough Road
Box Hill South VIC 3128

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 500m2
Land area: 35132m2
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Property Details for 249 Middleborough Rd, Box Hill South

Building Type
Commercial
Floor Size
500m2
Land Size
35132m2
Local Government
Whitehorse
Lot/Plan
1/PS711599

Last Listing description (July 2021)

Colliers International are proud to announce the opening of the Home Consortium Centres. Redefining Large Format Retail as we know it these centres will house some of Australia's largest retail brands trading within an internal centre.

Large light-filled common areas which have been architecturally designed will provide the best retailing opportunities for a few retailers to secure themselves retail space within these exciting centres.


Ample parking onsite conveniently located to the entrance of these centres makes them extremely convenient for customers.

We are targeting a strong Caf Operator to open their own caf within this dynamic centre. This opportunity will not last long, enquire for further information.

HC18

Property History for 249 Middleborough Rd, Box Hill South, VIC 3128

A timeline of how this property has performed in the market
Last Sold
$67,500,000
13 Nov 2023
Listed for Rent
08 Apr 2019
  • 13 Nov 2023
    Sold for $67,500,000
  • 19 Apr 2021
    Sold for $53,400,000
  • 07 Jan 2020
    Sold for $47,447,400
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About Box Hill South 3128

The size of Box Hill South is approximately 3.5 square kilometres. It has 12 parks covering nearly 15.8% of total area. The population of Box Hill South in 2011 was 7,699 people. By 2016 the population was 8,432 showing a population growth of 9.5% in the area during that time. The predominant age group in Box Hill South is 20-29 years. Households in Box Hill South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill South work in a professional occupation. In 2011, 67.9% of the homes in Box Hill South were owner-occupied compared with 67% in 2016.

Box Hill South has 4,472 properties. Over the last 5 years, Houses in Box Hill South have seen a 12.19% increase in median value, while Units have seen a 26.57% increase. As at 31 October 2024:

  • The median value for Houses in Box Hill South is $1,547,637 while the median value for Units is $853,995.
  • Houses have a median rent of $663 while Units have a median rent of $610.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Box hill south on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Box hill south.

Suburb Insights for Box Hill South 3128

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.