281-285 Canterbury Road, Forest Hill, VIC 3131

Other | Development/Land

For Sale Contact Agent

Auction: Thursday, Dec 8, 2:30 PM

  • Property ID: 330220
  • Floor Area: 1200m²
  • Land Area: 3520m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
**SOLD**

HIGHLY EXPOSED MAIN ROAD RETAIL INVESTMENT WITH 10 YEAR LEASE

10 year net lease to prominent green grocer 'Strawberry Point Fresh Food Market' 
Positioned on an irreplaceable 3,520 sqm (approx) Commercial 1 Zoned land holding 
A modern 1,200 sqm (approx) freestanding building plus 48 onsite car parks 
More than 55 metres of dominant exposure to the busy Canterbury Road 
Surrounded by major shopping centres including Forest Hill Chase & Brentford Square
Providing a net annual income of $348,140 per annum (approx) with fixed 3% annual rental increases
Substantial future development upside (STCA)

Forest Hill Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $246 ---
Retail --- $246 ---
This is the average advertised price, rent and yield for Forest Hill, VIC 3131*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 281-285 Canterbury Road, Forest Hill, VIC 3131. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 281-285 Canterbury Road, Forest Hill, VIC 3131. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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