FOR SALE
$1,450,000 - $1,540,000

96 & 98 Canterbury Road
Canterbury VIC 3126

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 185m2
Land area: 355m2
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Two Retail Shops - Invest Or Occupy

RWC Diston Asset Services is pleased to present, for the first time in over 40 years, these two shops on one title with outstanding exposure to Canterbury Road.
Great opportunity with compelling flexibility to occupy number 96 and collect rental on 98 or occupy yourself.
Property features include:
• Shop 96 | Vacant possession
• Shop 98 | Leased to Gallerie B Interiors
• Terms | Three (3) years
• Options | Three (3) years + Three (3) years
• Increases | 3% annually
• Return | $30,900 pa net (1/08/2024)
• Total building area | 185sqm approximately
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Property Details for 96 & 98 Canterbury Rd, Canterbury

Building Type
Commercial
Floor Size
185m2
Land Size
355m2

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About Canterbury 3126

The size of Canterbury is approximately 3.2 square kilometres. It has 14 parks covering nearly 6.6% of total area. The population of Canterbury in 2011 was 7,857 people. By 2016 the population was 8,054 showing a population growth of 2.5% in the area during that time. The predominant age group in Canterbury is 10-19 years. Households in Canterbury are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Canterbury work in a professional occupation. In 2011, 76.6% of the homes in Canterbury were owner-occupied compared with 76.8% in 2016.

Canterbury has 3,885 properties.

    There are currently 4 properties listed for sale, and 1 property listed for rent in Canterbury on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Canterbury.

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    Brett Diston
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    Ray White Commercial Diston Asset Services
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