GormanKelly is pleased to offer 124H Canterbury Road, Heathmont for sale by Auction.
This rare offering provides investors with the opportunity to secure a well leased retail property located in a prime position within the heart of one of the areas leading local shopping centres.
We believe the most outstanding aspects of this property include:
- Leased to The Heathmont Bakehouse 3 year lease plus option
- Currently returning $19,838.76 net p.a plus GST and outgoings
- PLUS additional income $10,837.70 pa from telecommunication towers
- Building area: 64sqm*
- Excellent position surrounded by major retailers including IGA, Bakers Delight, Retravision and Commonwealth Bank
- Abundant customer parking within the surrounding area
124H Canterbury Road is located on the Southern side of Canterbury Road between Allens Road and Heathmont Road. The property is located approximately 30km* east of the CBD within the municipality of the Maroondah City Council.
Situated in the heart of busy Heathmont shopping strip providing fantastic exposure to the busy Canterbury Road. Other retailers in the strip include the Heathmont Pharmacy, Blockbuster, Retravision, BankWest and Commonwealth Banks.