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• Development Potential of 16-20 levels (STCA)
• Land area of 920 sqm.
• Lease Expiry December 2022
• Perfectly positioned in the heart of the Box Hill business precinct This fantastic property is currently leased to Australia’s largest chemist retailer, Chemist Warehouse. There are still a number of years to run on the existing lease but there are no further options which opens up the potential for a high-rise development. In the immediate area there have been several recent planning approvals for high density residential apartment buildings with building heights of 25 plus levels that will continue to reshape this area.
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