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Retail for Sale

196-198 Canterbury Road Heathmont, VIC 3135

Expressions of Interest closing 6th May at 4pmFloorplan
  • Building: 257m²
  • Land: 286m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Heathmont

Sip, Savour & Secure!

  • Building: 257m²
  • Land: 286m²
Next Steps:
Enquire with agent
Additional Information:
Floorplan

BLUE-CHIP RETAIL INVESTMENT IN HEATHMONT VILLAGE

An exceptional opportunity to secure a premium, income-generating retail asset in the heart of the highly regarded and tightly held, Heathmont Village Shopping Centre.

Strategically positioned along vibrant Canterbury Road, this distinguished commercial holding is leased to Milk & Wine Co, a well-established and popular local operator, ensuring both stability and long-term tenant appeal.

Underpinned by a newly renewed 5-year lease, the property delivers a robust and reliable net income of $95,524.16 per annum, making it an ideal acquisition for discerning investors seeking security, quality, and growth.

Investment highlights:

  • Blue-chip retail asset within the tightly held Heathmont Village Shopping Centre
  • Securely leased to Milk & Wine Co - a proven, high-performing tenant
  • Renewed 5-year lease providing long-term income certainty
  • Strong net return of $95,524.16 p.a.
  • Fixed 3% annual increases
  • Building area | 257sqm approximately
  • Land area | 286sqm approximately
  • Prominent main road frontage with exceptional exposure
  • Surrounded by established retailers and strong local foot traffic
  • Located in a thriving eastern suburbs retail precinct with ongoing demand

This is a rare chance to acquire a set-and-forget investment in one of Heathmont's most tightly held retail pockets, combining dependable income with future upside.
Secure your position in this premium retail precinct. Enquire today.

Building:

257m²

Land:

286m² / 0.07 acres

Tenancy:

Tenanted

Categories:

Retail, Other

Next Steps:
Enquire with agent
Share:

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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

196-198 Canterbury Road, Heathmont, VIC 3135
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