281-285 Canterbury RoadForest Hill VIC 3131
Property Details for 281-285 Canterbury Rd, Forest Hill
Last Listing description (October 2025)
Command attention on one of Melbourne's busiest arterial roads. This is a rare chance to secure a high-exposure, stand-alone retail fortress with unparalleled presence and plenty of parking.
Your Opportunity Includes:
* Dominant Visibility: Massive brand exposure to thousands of daily vehicles on Canterbury Road, near the corner of Springvale Rd and close to Forest Hill Chase Shopping Centre.
* Ample Easy Parking: A huge competitive advantage with 48 dedicated customer and staff car spaces - a rarity for a property of this calibre.
* Turn-Key Food Retail Setup: Walk straight into a Fully fitted operation. The premises feature multiple industrial walk-in cool rooms and specialist butcher infrastructure, saving you hundreds of thousands in fit-out costs.
* Significant Scale & Flexibility: On a massive 3,520sqm block, the 1,200sqm building offers immense potential. Continue the successful retail model or explore a change of use (e.g., to a Child Care Centre, subject to council approval).
* Operational Savings: Solar panels are installed to significantly reduce your overheads from day one.
* Centralized air conditioning system, cold room, grease trap, folklift and plenty of used fridges.
Property Features:
* Building Size: 1,200sqm (approx.)
* Land Size: 3,520sqm (approx.)
* Parking: 48 dedicated spaces
* Key Assets: Multiple cool rooms, butcher fit-out, loading dock, high-clearance roller door, solar panels.
Property History for 281-285 Canterbury Rd, Forest Hill, VIC 3131
- 28 Aug 2025Listed for Rent - Price not available
- 08 Dec 2016Sold for $9,000,000
- 10 Nov 2016Listed for Sale Not Disclosed
Recent sales nearby
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About Forest Hill 3131
The size of Forest Hill is approximately 4.1 square kilometres. There are 12 parks, covering nearly 8.5% of the total area. The population of Forest Hill in 2016 was 10626 people. By 2021 the population was 10780 showing a population growth of 1.4% in the area during that time. The predominant age group in Forest Hill is 40-49 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Hill work in a professional occupation.In 2021, 70.80% of the homes in Forest Hill were owner-occupied compared with 70.10% in 2016.
Forest Hill has 5,483 properties. Over the last 5 years, Houses in Forest Hill have seen a -2.51% decrease in median value, while Units have seen a -2.62% decrease. As at 30 June 2026:
- The median value for Houses in Forest Hill is $1,128,990 while the median value for Units is $720,807.
- Houses have a median rent of $650 while Units have a median rent of $580.
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