83 Canterbury RoadCanterbury NSW 2193
Property Details for 83 Canterbury Rd, Canterbury
Last Listing description (May 2024)
Perfectly positioned on a high exposure corner and situated on the border of Hurlstone Park within minutes to the heart of Canterbury this ideal investment opportunity consists of 4 shops in one line with 2 shops also offering 2 x 2 bedroom residences. Offering scope to further value add (STCA) the properties are all neatly presented and are currently leased to 3 separate tenants with all shops offering direct street access and three shops also offering side/rear street entry. Ideally located the subject property is within walking distance to Canterbury train station, buses, post office, Woolworths, ALDI, selection of schools, cafes and all local amenities Canterbury and surrounding Inner-West suburbs have to offer.
Key Features Include:
+ Leased to 3 separate tenants on short term leases
+ 2 off street car spaces
+ 3 spacious rear courtyards
+ Shop & residences offer full size kitchens and bathrooms
+ Zoned B2 Local Centre
+ Main road exposure with 2 street frontages
+ Ideally suited for Investors or Owner Occupier looking for high exposure and additional lease income
Inspections by appointment.
For further information, please contact:
Leon Roussakis
0412 246 969
Ray White Canterbury
Property History for 83 Canterbury Rd, Canterbury, NSW 2193
- 21 Dec 2023Sold for $2,110,000
- 25 Jan 2023Listed for Rent - Price not available
- 05 Nov 2021Listed for Sale For Sale
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About Canterbury 2193
The size of Canterbury is approximately 2 square kilometres. It has 11 parks covering nearly 28.5% of total area. The population of Canterbury in 2011 was 6,160 people. By 2016 the population was 7,224 showing a population growth of 17.3% in the area during that time. The predominant age group in Canterbury is 20-29 years. Households in Canterbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canterbury work in a professional occupation. In 2011, 62.1% of the homes in Canterbury were owner-occupied compared with 56.6% in 2016.
Canterbury has 4,761 properties. Over the last 5 years, Houses in Canterbury have seen a 50.25% increase in median value, while Units have seen a 13.80% increase. As at 30 September 2024:
- The median value for Houses in Canterbury is $1,802,841 while the median value for Units is $730,860.
- Houses have a median rent of $750 while Units have a median rent of $650.
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