38 Clarice Road, Box Hill South, VIC 3128 | Commercial for sale | OnTheHouse
 
FOR SALE
Auction $2,500,000-$2,750,000

38 Clarice Road
Box Hill South VIC 3128

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 387m2
Land area: 597m2
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Freehold in Box Hill South Trade Precinct

Ray White Box Hill is proud to offer this property for sale by way of Public Auction, Thursday 23rd July 2026 at 1pm, on site.
This well-located industrial freehold occupies a position within Box Hill South's established trade and retail precinct, moments from Bunnings, Officeworks, Spotlight and Anaconda Box Hill. The property comprises a single warehouse building with a street-fronting shop, complemented by a side driveway providing direct roller door access to the rear of the building for convenient drive-in loading and unloading - a genuine advantage for trade, storage, or logistics operations. The asset is offered with [holding income in place / vacant possession], providing flexibility for owner occupation, immediate business commencement, or continued leasing.
The freehold extends to approximately 597 square metres of Industrial 1 zoned land, with a total building area of approximately 387 square metres. Zoned Industrial 1 (IN1Z) and positioned within Box Hill South's tightly held trade corridor, the site supports a wide range of industrial, trade, storage and ancillary commercial uses, with genuine longer-term redevelopment upside - up to 7 levels - subject to Council approval. For purchasers not ready to build immediately, the existing improvements support a straightforward land banking strategy while broader precinct growth continues.
Positioned moments from major retail and trade traffic generators, and within easy reach of Box Hill Central, this represents a compelling opportunity for investors, owner-occupiers or land bankers within one of Melbourne's established eastern trade corridors.
Enquire with Dennis Shi 0498 229 888 to make your next move.
TERMS: 10% Deposit, balance 30/60/90 days.

Property Details for 38 Clarice Rd, Box Hill South

Building Type
Commercial
Floor Size
387m2
Land Size
597m2
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About Box Hill South 3128

The size of Box Hill South is approximately 3.5 square kilometres. There are 12 parks, covering nearly 15.8% of the total area. The population of Box Hill South in 2016 was 8434 people. By 2021 the population was 8491 showing a population growth of 0.7% 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 over $4000 per month on mortgage repayments. In general, people in Box Hill South work in a professional occupation.In 2021, 67.90% of the homes in Box Hill South were owner-occupied compared with 67.00% in 2016.

Box Hill South has 4,587 properties. Over the last 5 years, Houses in Box Hill South have seen a -8.49% decrease in median value, while Units have seen a 17.49% increase. As at 31 July 2026:

  • The median value for Houses in Box Hill South is $1,458,057 while the median value for Units is $899,310.
  • Houses have a median rent of $690 while Units have a median rent of $680.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Box hill south on OnTheHouse. According to Cotality's data, 184 properties were sold in the past 12 months in Box hill south.

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Dennis Shi
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Phoebe Yu
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Ray White Box Hill
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