Gross Waddell ICR is pleased to present 248 Canterbury Road, Surrey Hills. Situated within the high demand and affluent catchment of Surrey Hills, 248 Canterbury Road occupies a prime corner position and offers unparalleled potential to occupy, invest or develop into a premium mixed-use development (STCA).
Prominent freestanding two level office building offering 805 sqm* of building area
Strategically positioned landholding of 892 sqm* of Commercial 1 land (C1Z)
Short-term holding income of $314,001* net per annum, to the long-standing tenant being Fletchers
Favourably zoned offering potential development or extension upside (STCA) post lease expiry
Highly beneficial three (3) street frontages with up to 19 secure lock up or at grade car parking
Quality fitted office offering the ability to split into multiple tenancies whilst enriching functionality and natural light
Merely 270 m* to Chatham train station and 500 m* to Canterbury train station, offering exceptional connectivity
Strategically located in walking distance to the bustling retail and lifestyle destinations including Maling Road and Union Road shopping villages
Surrey Hill boasts a soaring median house price of $2,410,000 (source REIV) and boasts a number of high quality residential developments
The property is for Immediate Private Sale. For further information or to organise a personalised tour of the property, please contact the team at Gross Waddell ICR directly.
*approx.
