262 Dorset Road, Boronia, VIC 3155
Price: $499,000
HALF Share -Triple-Frontage Corner Freehold - Sub-$500K Entry | High Exposure | Immediate Upside
The Phone Code for this property is: 34503. Please quote this number when phoning or texting.
Secure interest in a 313m² triple-frontage corner freehold in the heart of Boronia - just a short walk to Boronia Railway Station and next to Dorset Square Shopping Centre (Coles & Kmart).
Ownership via Unit Trust: You are purchasing a 50% stake in the entity that owns the property, rather than a direct title split - a common structure for shared commercial investments.
Key Features
Triple frontage corner = maximum exposure
Under $500K entry point
Existing education tenant with upside (Class 9b conversion unlocks full market rent)
Vacant ~30m² café = second income stream
Solid brick building with development potential (STCA) - Potential to add another level
Commercial 1 Zoning (flexible use)
2 min walk to Boronia Railway Station (with planned upgrades)
Adjacent to Dorset Square Shopping Centre (Coles & Kmart anchor traffic)
High foot traffic, strong local catchment
Why Act Now
Rare entry-level price for this location
Immediate upside without tenant risk
Multiple income + future development potential
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Secure interest in a 313m² triple-frontage corner freehold in the heart of Boronia - just a short walk to Boronia Railway Station and next to Dorset Square Shopping Centre (Coles & Kmart).
Ownership via Unit Trust: You are purchasing a 50% stake in the entity that owns the property, rather than a direct title split - a common structure for shared commercial investments.
Key Features
Triple frontage corner = maximum exposure
Under $500K entry point
Existing education tenant with upside (Class 9b conversion unlocks full market rent)
Vacant ~30m² café = second income stream
Solid brick building with development potential (STCA) - Potential to add another level
Commercial 1 Zoning (flexible use)
2 min walk to Boronia Railway Station (with planned upgrades)
Adjacent to Dorset Square Shopping Centre (Coles & Kmart anchor traffic)
High foot traffic, strong local catchment
Why Act Now
Rare entry-level price for this location
Immediate upside without tenant risk
Multiple income + future development potential
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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Phone or Text: 0488 847 018
Enter Phone Code: 34503
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