Stonebridge Property Group and Teska Carson are pleased to present for sale 367-373 Canterbury Road, Surrey Hills, four adjoining commercial freeholds boasting dual frontage to Canterbury Road and Staney Terrace.
Located in a strategic commercial location situated between Box Hill's activity centre and Melbourne's inner east.
The properties are presented with the opportunity to purchase with adjoining 359-365 Canterbury Road, Surrey Hills.
The key highlights of the opportunity include:
- Substantial combined landholding of 1,634 sqm*
- 367 Canterbury Road: 404 sqm* landholding, improved with a boutique commercial office and rear storage/garage, offered with vacant possession
- 369 Canterbury Road: 408 sqm* landholding with boutique office and rear courtyard/off-street parking, offered with vacant possession
- 371 Canterbury Road: 408 sqm* landholding, improved with a medical practice and off-street parking via Stanley Terrace, providing passing income of $25,818 p.a.*
- 373 Canterbury Road: 412 sqm* landholding, improved with a blank-canvas freehold commercial investment, providing passing income of $33,900 p.a.*
- All properties feature dual frontage with access via Stanley Terrace
- Excellent pedestrian foot traffic location along Canterbury Road
- Current passing income of $59,718* p.a. (50% leased)
- Exceptional public transport access, located adjacent to Chatham Train Station, just 20 minutes from Melbourne CBD
- Thriving retail location, within walking distance of Maling Road (400 m*) and Union Road (800 m*) retail strips
- Affluent demographic profile, with median weekly incomes 56% higher than the Victorian average, underpinning strong local spending power
- Offered for sale individually or combined
- Versatile opportunity to invest, occupy or value-add (STCA)
367-373 Canterbury Road, Surrey Hills is offered for sale individually or combined, via Expressions of Interest closing Thursday 1st May 2025, at 2pm (AEDT). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:
Stonebridge Property Group:
Andrew Milligan
+61 421 559 992
Max Warren
0488 296 892
Chao Zhang
0411 625 068
Teska Carson:
Adrian Boutsakis
0433 138 768
Stephen Speck
0404 893 142
*Approximately
Property Code: 1238