864 Canterbury Rd, Box Hill South is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 312m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Box Hill South in the last 12 months.
This is a unique chance to acquire a remarkable development site located at the center of Box Hill South. The property has Commercial 1 Zoning, Box Hill High School zone and a rear right of way (ROW), and it presents an unlimited and exceptional opportunity.
This development site is suitable for a variety of purposes, including commercial retail, offices, medical centers, multi-level apartments, or mixed-use developments, subject to approval and permission from Council and other local and state government authorities (STCA). The site's potential is unparalleled, offering an exceptional opportunity to interested parties.
The Box Hill South area is currently experiencing significant government investment and major upgrades in the shopping centres, plus the future urban railway loop that goes through Box Hill, highlighting why opportunities like this are scarce. With rapid growth and change in Box Hill over the past 15 years and ambitious plans for the future, Box Hill is set to become Melbourne's leading transport and activity hub.
It is important to note that all proposed development plans are subject to approval and permission from Council and other local and state government authorities (STCA). Don't miss out on this fantastic offering.
Property Price Exclusive of GST
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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 4,509 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:
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