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15/476-478 Canterbury Road
Forest Hill VIC 3131

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
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Prime Investment Opportunity

Modern Office with Long-Term Tenant in Forest Hill
This is a rare opportunity to own a fully self-contained commercial office in one of Melbourne's thriving eastern suburbs. Positioned within a well-maintained complex, this property offers the perfect combination of immediate rental income, modern functionality, and long-term growth potential.
Key Property Features:
● 120 square metres (approx) of flexible office space, featuring partitioned offices and an open-plan area suitable for a variety of professional uses.
● Fully self-contained with dedicated male and female toilets and a kitchenette.
● Four (4) on-site car spaces, a sought-after amenity in Forest Hill.
● Equipped with air conditioning and a security system for tenant comfort and peace of mind.
Prime Investment Highlights:
Long-Term Tenant: Currently leased to a reliable tenant who recently extended their lease for three years, offering secure and stable rental income.
Prime Location:
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Property Details for 15/476-478 Canterbury Rd, Forest Hill

Building Type
Commercial
Floor Size
120m2

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About Forest Hill 3131

The size of Forest Hill is approximately 4.1 square kilometres. It has 12 parks covering nearly 8.5% of total area. The population of Forest Hill in 2011 was 10,051 people. By 2016 the population was 10,628 showing a population growth of 5.7% in the area during that time. The predominant age group in Forest Hill is 40-49 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Hill work in a professional occupation. In 2011, 72.5% of the homes in Forest Hill were owner-occupied compared with 70.1% in 2016.

Forest Hill has 5,442 properties. Over the last 5 years, Houses in Forest Hill have seen a 16.08% increase in median value, while Units have seen a 6.44% increase. As at 30 November 2024:

  • The median value for Houses in Forest Hill is $1,153,846 while the median value for Units is $715,915.
  • Houses have a median rent of $595 while Units have a median rent of $580.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Forest hill.

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Jason Bertram
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Harcourts Judd White
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