Blue-Chip LFR Investment Securely Leased to 4 Longstanding Tenants

321 Middleborough Road
Box Hill South

Gross Waddell ICR is pleased to offer this blue-chip large format retail (LFR) investment located at 321 Middleborough Road, Box Hill South. Occupying an extremely rare and high-profile landholding in the heart of the Box Hill South retail precinct, this LFR centre comes fully leased and offers significant value-add potential post lease expiration.

The property has the following investment highlights:

• 100% leased to a high-quality and longstanding tenancy mix, anchored by Genesis Gym (Belgravia Group)

• Securely leased to four longstanding tenants, boasting a 4.4-year WALE^

• Significant passing income profile, returning $907,073.77 net per annum*

• Extensive LFR centre with 4,488 sqm* of building area and over 141 on-site car parks*

• High-exposure 8,076 sqm* landholding with a total frontage of 59 m*

• Highly flexible Industrial 1 Zone (IN1Z) with five individual titles, allowing long-term flexibility

• Gateway property to Box Hill South’s burgeoning retail and showroom precinct

• Surrounded by Australia’s leading retail brands, including Bunnings, Spotlight, Anaconda, Officeworks, BCF, Chemist Warehouse and many more

• Close proximity to thriving retail and lifestyle amenity, including Burwood Brickworks, Forest Hill Chase, Burwood One, Box Hill CBD and Deakin University

The property is for sale via an Expressions of Interest campaign closing at 3:00 pm on Wednesday, 15 April 2026. For further information or to organise a personalised tour of the property, please contact the team at Gross Waddell ICR directly.

^ WALE based on lease expiry
*Approx.

Michael Gross

Director - Sales - Partner

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Danny Clark

Managing Director - Head of Sales - Partner

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Glenn Ye 叶格林

Head of Asian Markets

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Price

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