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9-13 Canterbury Road Blackburn VIC 3130

  • Development / Land
  • 571 m²
  • For Sale, FOR SALE

TENANTED OR VACANT WITH PLANS & PERMITS

    Cornering Middleborough road and less than 2km to Laburnum station, this property presents a clever opportunity to develop a 5 Storey mixed use complex, using the already endorsed plans and permits. In a suburb where the median house price exceeded the $1 million mark years ago, more affordable apartments have become a popular commodity.
    The endorsed plans and permits include 2 ground floor retail premises and 15 apartments, with one apartment taking the exclusive penthouse status on level 4. Apartments ranging from 2 one bedroom, 12 two bedroom and 1 three bedroom penthouse offerings, with each retail site covering approx. 83m2 and parking on ground and basement levels totalling 22 spaces.
    The property is currently home to the well-established 'Pace Auto Electrics' occupying all three retail sites.

    Highlights include;
    • Endorsed plans and permits for 5 storeys plus basement
    • Mixed Use facility with 2 retail sites and 15 Apartments
    • 22 Car spaces
    • Less than 2km to Laburnum Station
    • 571m2* Land area

    *Approx

    The team is available and can accommodate COVID safe inspections by appointment. Please contact us for more information and scheduling.

    Contact us to negotiate price and suitable lease terms.

    Property Highlights

    Property ID2016550730
    Floor Area571 m²
    Land Area571 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  4 Nov 2020
    Map for 9-13 Canterbury Road Blackburn VIC 3130
    Map for 9-13 Canterbury Road Blackburn VIC 31309-13 Canterbury Road Blackburn VIC 3130
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

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