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For Sale

131 Canterbury Road,
Heathmont 3135, Victoria

1 car space
84m² building size
Retail

FOR SALE - CIRCA 6% YIELD

Property details

HEATHMONT INVESTMENT OPPORTUNITY

• 122 sqm* Landholding
• Established Rental Income
• Long-Term Lease

Ray White Mount Waverley, in conjunction with Property Times, is delighted to offer 131 Canterbury Road, Heathmont for Private Sale.
Positioned prominently within Heathmont's established Canterbury Road shopping strip, this well-located property presents an excellent opportunity to secure a commercial investment with an existing lease, established rental income and a long-term lease structure.

Key Features
• Land size: 122 sqm*
• Building size: 84 sqm*
• Currently returning $42,021 p.a.* + outgoings + GST
• Long-term lease of 5 + 5 + 5 years with healthy annual rent increases
• Fully fitted commercial kitchen
• Rear access and three on-site car parking
• Excellent Canterbury Road exposure
• Strong passing pedestrian and vehicle traffic
• Surrounded by established retail, dining and commercial operators
• Moments from Heathmont Shopping Centre and Ritchies IGA
• Close to Heathmont Railway Station and major transport connections

The property is strategically positioned within the established Heathmont Neighbourhood Activity Centre, benefiting from strong local pedestrian and vehicle traffic and close proximity to Heathmont Shopping Centre, Ritchies IGA and Heathmont Railway Station.

A tightly held asset offering secure long-term income, quality improvements and an excellent position within Heathmont's established commercial precinct.

For more information or to arrange a private inspection, please contact the exclusive selling agents.

Ray White Mount Waverley | Property Times
*Approximately.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Inspections

Explore the area

School catchments

  • Great Ryrie Primary School Primary Prep-6 Government 0.90km
  • Heathmont East Primary School Primary Prep-6 Government 1.2km
  • Marlborough Primary School Primary Prep-6 Government 1.2km
  • Eastwood Primary School-Eastwood Deaf Facility Primary Government 1.5km
  • Eastwood Primary School Primary Prep-6 Government 1.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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