604 Elgar RoadBox Hill North VIC 3129
Property Details for 604 Elgar Rd, Box Hill North
Last Listing description (October 2020)
JLL Retail Investments proudly present for your consideration United Petroleum Box Hill located at 604 Elgar Road, Box Hill VIC.
We welcome your interest in the property and highlight its key features below:
20 year Lease to United Petroleum expiring 2036
Fixed annual 3.5% rental increases
Triple net lease structure with the tenant responsible for all outgoings, structural works, underground repairs and remediation
Zoned Commercial 1
Prime location in booming suburb of Box Hill, situated on Elgar Road between the Eastern Freeway and Whitehorse Road
Corner landholding of 861 sqm with 29 metre street frontage to Elgar Road
Current net income of $194,026 + GST p.a.
For Sale by Public Auction Thursday 28th November at 11:00am on-site.
For more information on this opportunity please contact listing agents.
All figures are approximate.
Property History for 604 Elgar Rd, Box Hill North, VIC 3129
- 28 Nov 2019Sold for $4,125,000
- 01 Nov 2019Listed for Sale Contact Agent
- 09 Sep 2016Sold for $3,470,000
Recent sales nearby
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About Box Hill North 3129
The size of Box Hill North is approximately 4.0 square kilometres. It has 14 parks covering nearly 9.4% of total area. The population of Box Hill North in 2016 was 11874 people. By 2021 the population was 12337 showing a population growth of 3.9% in the area during that time. The predominant age group in Box Hill North is 30-39 years. Households in Box Hill North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill North work in a professional occupation.In 2021, 63.50% of the homes in Box Hill North were owner-occupied compared with 65.10% in 2016.
Box Hill North has 6,455 properties. Over the last 5 years, Houses in Box Hill North have seen a 14.42% increase in median value, while Units have seen a 22.69% increase. As at 31 December 2025:
- The median value for Houses in Box Hill North is $1,472,867 while the median value for Units is $944,921.
- Houses have a median rent of $650 while Units have a median rent of $625.
Suburb Insights for Box Hill North 3129
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