867-879 Canterbury Road, Box Hill, VIC 3128 | Property Value & History | OnTheHouse
OFF MARKET

867-879 Canterbury Road
Box Hill VIC 3128

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 675m2
Land area: 291m2
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Property Details for 867-879 Canterbury Rd, Box Hill

Building Type
Land
Floor Size
675m2
Land Size
291m2
Local Government
Whitehorse
Lot/Plan
7/LP13941

Last Listing description (June 2021)

Savills is delighted to offer for sale this high profile, substantial Box Hill corner landholding at 867-879 Canterbury Road (Corner Station Street).

The key attributes of the property include:


* Major corner landholding of 1,637sq m*
* Extensive corner frontage of 76m* plus rear lane
* Flexible Commercial 1 Zone with potential for at least 5 levels (STCA)
* 10 year lease to 'IMO Car Wash' commencing August 2009
* Two further five year options
* Current Net Rental: $178,478 per annum + Outgoings & GST
* A superb position within the Box Hill South retail precinct amongst Liquorland, BP, Aldi and more
* Multiple bus routes service the area, and Box Hill Train Station is a short distance away
* Close proximity to central Box Hill, which is one of Melbourne's most important activity centres and culinary/retail hot spots
* An ideal Box Hill land bank opportunity with significant future development potential!

The opportunity to secure such a high calibre investment with significant development potential is very rare, especially when you consider the strong holding income, prime corner positioning and large landholding. Accordingly we encourage prospective purchasers to actively consider this excellent opportunity.

867-879 Canterbury Road, Box Hill is For Immediate Private Sale.

For further information, please contact:

Benson Zhou - 0458 488 888
Clinton Baxter - 0413 569 888
Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702

Property History for 867-879 Canterbury Rd, Box Hill, VIC 3128

A timeline of how this property has performed in the market
Last Sold
$577,500
17 Nov 2005
Listed for Rent
$230/w
20 Mar 1993
  • 12 Sep 2018
    Listed for Sale Contact Agent
  • 27 Jun 2018
    Listed for Sale By Negotiation
  • 20 Feb 2010
    Listed 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 12,456 properties. Over the last 5 years, Houses in Box Hill have seen a 3.63% increase in median value, while Units have seen a 9.21% increase. As at 28 February 2026:

  • The median value for Houses in Box Hill is $1,668,827 while the median value for Units is $546,700.
  • Houses have a median rent of $623 while Units have a median rent of $600.
There are currently 114 properties listed for sale, and 33 properties listed for rent in Box hill on OnTheHouse. According to Cotality's data, 602 properties were sold in the past 12 months in Box hill.

Suburb Insights for Box Hill 3128

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.