FOR SALE
Sale Price Unavailable

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 3,891 properties. Over the last 5 years, Houses in Canterbury have seen a 3.54% increase in median value, while Units have seen a 6.54% increase. As at 30 November 2024:

  • The median value for Houses in Canterbury is $3,027,670 while the median value for Units is $998,426.
  • Houses have a median rent of $1,200 while Units have a median rent of $620.
There are currently 6 properties listed for sale, and 8 properties listed for rent in Canterbury on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Canterbury.

Suburb Insights for Canterbury 3126

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Brett Diston
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Ray White Commercial Diston Asset Services
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.