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15 Wellington Road
Box Hill, VIC 3128
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Overview
15 Wellington Road, Box Hill VIC 3128
Located in a prime position within walking distance to Centro Box Hill, Box Hill Hospital, and Box Hill Gardens, this property comprises a block of four two-bedroom units on a generous land parcel of approximately 905 square metres with GRZ3 zoning.
Offered as a single lot, this opportunity presents multiple possibilities including investment with immediate rental income, renovation to enhance returns, construction of a new home, or potential for boutique development subject to council approval (STCA) in this highly sought-after central location.
Each unit currently features two bedrooms and is tenanted, providing off-street parking and generating a combined rental return of $2,600 per calendar month. The property is ideally situated in the heart of Box Hill's retail and hospital precinct, offering convenient access to renowned shopping and dining options, public transport including Whitehorse Road trams and trains, Box Hill TAFE, and is close to leading local and private schools.
This is a rare opportunity to secure a substantial property in a vibrant and well-connected suburb with excellent development potential and strong rental demand.
Location
Box Hill VIC 3128
Market Insights for Box Hill VIC 3128
Other properties in this postcode
Private Sale $2,200,000 to $2,300,000
1/9 Bishop Street, Box Hill VIC 3128
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
