225 Canterbury Road Canterbury, 3126 VIC
Combining Retail and Residence in Highly Sought after Position
Century 21 Reach is pleased to present 225 Canterbury Road, Canterbury via public Auction on Thursday 20th March 2025 at 12:00pm (Unless Sold Prior).
An incredibly rare opportunity to own both a commercial and residential property, combining a maximum exposure shopfront and townhouse-living residence, situated in a highly visible shopping hub and affluent location across from Maling Road, beautiful Canterbury Gardens and the train station. The retail shop offering newly renovation and a commercial kitchen with builded in appliances. Plus spacious two level residence comprising downstairs kitchen with adjacent dining and informal living. Upstairs are two bedrooms, one with ensuite, plus main bathroom and sitting room/third bedroom with access to balcony.
Key features of this opportunity include: * 265 sqm approx. floor area, Current rental income $84,759 pa. * Ground floor 'Calla and Cups Cafe', returning $45,652pa.+Gst, 4+3+3 year lease from March 2024, 3% annual increase. * Spacious 3 bedroom residence, returning $39,107 pa. Two years lease term.
Sold
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
-
Ryan Chen
-
Gilbert Ng