Retail for Sale

96 & 98 Canterbury Road Canterbury, VIC 3126

Price on ApplicationUnder OfferFloorplan
  • Building: 185m²
  • Land: 355m²

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Retail for Sale in Canterbury

Two Retail Shops - Invest Or Occupy

  • Building: 185m²
  • Land: 355m²

RWC Diston Asset Services is pleased to present, for the first time in over 40 years, these two shops on one title with outstanding exposure to Canterbury Road.
Great opportunity with compelling flexibility to occupy number 96 and collect rental on 98 or occupy yourself.

Property features include:

  • Shop 96 | Vacant possession
  • Shop 98 | Leased to Gallerie B Interiors
  • Terms | Three (3) years
  • Options | Three (3) years + Three (3) years
  • Increases | 3% annually
  • Return | $30,900 pa net (1/08/2024)
  • Total building area | 185sqm approximately
  • Land area | 355sqm approximately
  • Rear laneway access
  • Zoning | Commercial 1

This is a fantastic property to add to your portfolio with future value add potential to subdivide or further develop (STCA), set amongst one of Melbourne's most affluent suburbs and is set to underpin your investment.

Building:

185m²

Land:

355m² / 0.09 acres

Zone:

Commercial 1

Tenancy:

Tenanted

Categories:

Retail, Offices

Due diligence checklist for home and residential property buyers

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

96 & 98 Canterbury Road, Canterbury, VIC 3126
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