Stonebridge Property Group is pleased to present for sale 144a Canterbury Road, Blackburn South
The key highlights of the opportunity include:
- A flexible 147 sqm* freehold with a strategic lease to longstanding tenant and untapped future potential
- Leased by longstanding tenant Dumpling Kitchen who boast a strong local following and strong reviews (4.3 star Google Review)
- Tenanted on a 3-year lease term with 1 further option to renew, providing occupier and value add potential from February 2028
- Rear lane access/parking a major advantage for the current and future tenants
- Well positioned on the heavily trafficked Canterbury Road with exposure to 32,000 passing vehicles daily
- Strategically located just 2.5 km* from Box Hill which it is poised for significant growth, with an expected 47.5% increase in population by 2041, reaching 26,081 residents
- Canterbury Road is a strong trading and tightly held precinct anchored by national/international retailers, McDonald's, Woolworths, Bendigo Bank and BWS
- Providing annual income of $47,000* + GST
144a Canterbury Road, Blackburn South is offered for sale via Public On-site Auction on Thursday 12th of December at 2:30pm (AEDT).To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Ian Lam
0416 621 859
Nic Hage
0448 782 594
Rorey James
0439 400 081
*Approximately
Property Code: 1130