164 Boronia RoadBoronia VIC 3155
Property Details for 164 Boronia Rd, Boronia
Last Listing description (May 2022)
I am delighted to offer this property for sale.
Located on Boronia Road, only minutes walk to the bus and train station, this property offers flexibility to an investor who may also wish to occupy one of the office suites. The property consists of 4 spacioussuites, each with partitioned offices, air conditioning, bathroom and kitchen facilitiesand allocated car parking. The basement parking has 26 car spaces, 2 of which are storage units and is secured by a large gate for added security. The property is offered as a whole but each suite has its own title.
Unit 1 = 186 sqm
Plus five year option term
Annual reviews
Unit 2 = 119 sqm
Three yearlease expiry 31st December 2024
Plus five year option term
Annual reviews
Unit 3 = 200 sqm
Five year lease commencing 1st May 2022
Plus five year option
Unit 4 = 119 sqm
Lease expiring April 2022
Nett annual rental of $121,542.00 plus pa plus outgoings.
For further information or to arrange an inspection, please telephone Michelle Lanigan on 0417 361 161.
Property History for 164 Boronia Rd, Boronia, VIC 3155
- 23 Jul 2019Listed for Sale Contact Agent
- 06 Dec 2018Listed for Sale Not Disclosed
- 13 Nov 1982Listed for Sale Not Disclosed
Recent sales nearby
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About Boronia 3155
The size of Boronia is approximately 11.3 square kilometres. There are 36 parks, covering nearly 7.8% of the total area. The population of Boronia in 2016 was 22195 people. By 2021 the population was 23607 showing a population growth of 6.4% in the area during that time. The predominant age group in Boronia is 30-39 years. Households in Boronia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boronia work in a professional occupation.In 2021, 69.90% of the homes in Boronia were owner-occupied compared with 70.80% in 2016.
Boronia has 13,254 properties. Over the last 5 years, Houses in Boronia have seen a 6.46% increase in median value, while Units have seen a 10.22% increase. As at 31 May 2026:
- The median value for Houses in Boronia is $854,316 while the median value for Units is $671,914.
- Houses have a median rent of $605 while Units have a median rent of $575.
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