32-34 Kangerong RoadBox Hill VIC 3128
Property Details for 32-34 Kangerong Rd, Box Hill
Last Listing description (August 2024)
SOLDSavills is delighted to offer for sale this versatile student accommodation asset located at 32-34 Kangerong Road, Box Hill. The property holds a central Box Hill location and is located within close proximity to a range of premium amenities.Key attributes of the property include: Leased 46 room student accommodation facility Large landholding of 2,842sqm* Estimated fully leased gross annual income of $554,700 - $655,980 p.a Features commercial kitchen, various communal and outdoor spaces 13 on-site car parks Flexible General Residential Zone 3 allowing for a range of future development outcomes (STCA) A short walk to Box Hill Gardens and Box Hill Oval providing access to premium lifestyle amenity Central Box Hill location with immediate access to a wide range of premium retail, education & transport amenity*Approximate For further information please contact: Benson Zhou 0458 488 888Julian Heatherich 0412 995 655James Latos 0422 604 900 Tanya Su 0430 302 950
Property History for 32-34 Kangerong Rd, Box Hill, VIC 3128
- 01 Aug 2024Listed for Sale Contact the Melbourne Commercial Property Experts
- 01 Aug 2024Sold for $5,950,000
- 22 Jun 2023Listed for Sale Not Disclosed
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About Box Hill 3128
The size of Box Hill is approximately 3.5 square kilometres. It has 18 parks covering nearly 14.2% of total area. The population of Box Hill in 2016 was 11395 people. By 2021 the population was 14353 showing a population growth of 26.0% in the area during that time. The predominant age group in Box Hill is 20-29 years. Households in Box Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill work in a professional occupation.In 2021, 37.40% of the homes in Box Hill were owner-occupied compared with 39.40% in 2016.
Box Hill has 12,464 properties. Over the last 5 years, Houses in Box Hill have seen a 1.42% increase in median value, while Units have seen a 10.05% increase. As at 31 March 2026:
- The median value for Houses in Box Hill is $1,663,344 while the median value for Units is $559,580.
- Houses have a median rent of $633 while Units have a median rent of $600.
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