Stonebridge Property Group and Teska Carson are pleased to present for sale 367-373 Canterbury Road, Surrey Hills, four adjoining commercial freeholds boasting dual frontage to Canterbury Road and Staney Terrace.
Located in a strategic commercial location situated between Box Hill's activity centre and Melbourne's inner east.
The properties are presented with the opportunity to purchase with adjoining 359-365 Canterbury Road, Surrey Hills.
The key highlights of the opportunity include:
- Substantial combined landholding of 1,634 sqm*
- 367 Canterbury Road: 404 sqm* landholding, improved with a boutique commercial office and rear storage/garage, offered with vacant possession
- 369 Canterbury Road: 408 sqm* landholding with boutique office and rear courtyard/off-street parking, offered with vacant possession
- 371 Canterbury Road: 408 sqm* landholding, improved with a medical practice and off-street parking via Stanley Terrace, providing passing income of $25,818 p.a.*
- 373 Canterbury Road: 412 sqm* landholding, improved with a blank-canvas freehold commercial investment, providing passing income of $33,900 p.a.*
- All properties feature dual frontage with access via Stanley Terrace
- Excellent pedestrian foot traffic location along Canterbury Road
- Current passing income of $59,718* p.a. (50% leased)
- Exceptional public transport access, located adjacent to Chatham Train Station, just 20 minutes from Melbourne CBD
- Thriving retail location, within walking distance of Maling Road (400 m*) and Union Road (800 m*) retail strips
- Affluent demographic profile, with median weekly incomes 56% higher than the Victorian average, underpinning strong local spending power
- Offered for sale individually or combined
- Versatile opportunity to invest, occupy or value-add (STCA)
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:
Stonebridge Property Group:
Andrew Milligan
+61 421 559 992
Max Warren
0488 296 892
Chao Zhang
0411 625 068
Teska Carson:
Adrian Boutsakis
0433 138 768
Stephen Speck
0404 893 142
*Approximately
Property Code: 1238