254 Dorset RoadBoronia VIC 3155
Property Details for 254 Dorset Rd, Boronia
Last Listing description (November 2023)
Tsimos Commercial is delighted to offer this brilliant property with HUGE potential.
OCCUPY/ INVEST/ DEVELOP
Brilliantly located in the heart of Boronia shopping precinct 254-256 Dorset Road, Boronia, this property offers so much more than you regular retail investment.
This exceptional offering has two street frontages, opportunity to add a third retail tenancy at rear which fronts Dorset Square or knock down and development into 3-4+ level(s)
(STPA)
Two shops side by side 92sqm each, rental starting at $32,000pa plus GST and outgoings
Features
- Total retail 185m2
- Total Land 277m2
- Commercial Zone 1
- Vacant Possession
- Ready to go now
The property is offered for sale by negation or for rent.
For further information, please contact one of the agents listed below.
Property History for 254 Dorset Rd, Boronia, VIC 3155
- 02 Oct 2023Listed for Rent $800,000 / year
- 10 Mar 2023Listed for Rent $800,000 / year
- 13 Jun 2020Listed for Rent $23,000 / year
Recent sales nearby
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About Boronia 3155
The size of Boronia is approximately 11.3 square kilometres. It has 36 parks covering nearly 7.8% of 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 13,249 properties. Over the last 5 years, Houses in Boronia have seen a 26.69% increase in median value, while Units have seen a 18.78% increase. As at 31 December 2025:
- The median value for Houses in Boronia is $887,718 while the median value for Units is $669,346.
- Houses have a median rent of $600 while Units have a median rent of $550.
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