Gorman Allard Shelton are pleased to offer for sale 183 Canterbury Road, Canterbury by Auciton on Friday 1 December at 12pm on-site.
This property provides a fantastic entry level investment opportunity and is located within a popular retail strip.
Key benefits include;
* Building Area: 97 sqm*
* Current income $35,000 pa* + GST
* New 3 year lease commencing November 2023 plus options
* Located within the popular Canterbury Road & Maling retail strips, home to a number of businesses, cafes and eateries including IGA Express, Cellarbrations, Bakers Delight, Bendigo Bank & Canterbury Medical Clinic to name a few.
* Close to Canterbury Train Station
Contact us today to arrange an inspection.
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 3,875 properties. Over the last 5 years, Houses in Canterbury have seen a 7.75% increase in median value, while Units have seen a 17.42% increase. As at 31 October 2024:
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