Retail for Sale

170 Canterbury Road Heathmont, VIC 3135

Price on ApplicationFloorplan
  • Building: 70m²
  • Land: 168m²

Contact the agent if you'd like further information.

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Retail for Sale in Heathmont

High Calibre Cafe Investment in a Proven Retail Precinct - Executors Appointed

  • Building: 70m²
  • Land: 168m²

Secure a high-performing retail investment in one of Heathmont's most prominent retail precincts.

Property highlights:

  • Building area | 70sqm approx.
  • Land area | 168sqm approx.
  • Established tenant: Vanilla Pod Café - a well-known and long-standing local business
  • Strong annual income | $45,000 p.a.
  • Annual increases | 3%
  • Secure New Lease structure | 3 years + 3 years option
  • Prime exposure to busy Canterbury Road
  • Positioned within a thriving neighbourhood shopping strip
  • Excellent passive investment with proven trading history

This tightly held retail investment offers investors the rare opportunity to acquire a quality commercial asset with an established tenant and immediate income stream. Vanilla Pod Café has built a loyal customer base and enjoys a strong local reputation, providing confidence in the ongoing performance of the tenancy.

With secure lease tenure, attractive returns, and a highly visible location, this is an ideal addition to any commercial property portfolio.

For further information or to arrange an inspection, contact Brett Diston today.

Approximate areas and figures only.

Building:

70m²

Land:

168m² / 0.04 acres

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

170 Canterbury Road, Heathmont, VIC 3135
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