56-60 Rutland RoadBox Hill VIC 3128
Property Details for 56-60 Rutland Rd, Box Hill
Last Listing description (May 2021)
Knight Frank under instructions from Charter Keck Cramer is pleased to offer 56-60 Rutland Road, Box Hill for sale by Expressions of Interest closing Thursday the 26th of November 2020 at 4pm.
This exceptional opportunity provides the ultimate flexibility and appeals to Owner Occupiers, Investors and Developers. This prime offering allows investors and owner occupiers to purchase a quality office building well below replacement cost, underpinned by it's land value and short term holding income. Alternatively, developers can secure one of Box Hill's best remaining development sites.
Key benefits of this unrivalled opportunity include:
Substantial land holding of 2,231 sqm with three street frontages, being Rutland Road, Ellingworth Parade and William Street
Commanding three level office of 2,394 sqm with 66 car spaces
Ideal for corporate headquarters
Highly flexible Commercial 1 zone allowing for a multitude of development options (STCA).
Excellent out look to Box Hill Activity Centre, Eastern Suburbs and Dandenong Ranges
Unrivalled surrounding amenity including Box Hill Central Shopping Centre, Whitehorse Road and Station Street Retail, Train Station, Tram and Bus Services
Excellent access to Melbourne's major arterial road network
Situated in the heart of the booming Box Hill Activity Centre precinct, 56-60 Rutland Road is unmatched with endless opportunities to add value.
UNDER CONTRACT: For more information please contact Knight Frank
Property History for 56-60 Rutland Rd, Box Hill, VIC 3128
- 23 Feb 2021Sold for $13,000,000
- 20 Oct 2020Listed for Sale Contact Agent
- 04 Mar 2004Sold for $4,650,000
Recent sales nearby
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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 12,454 properties. Over the last 5 years, Houses in Box Hill have seen a 7.81% increase in median value, while Units have seen a 7.01% increase. As at 31 December 2025:
- The median value for Houses in Box Hill is $1,676,890 while the median value for Units is $555,826.
- Houses have a median rent of $625 while Units have a median rent of $590.
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