127 Canterbury RoadBlackburn VIC 3130
Property Details for 127 Canterbury Rd, Blackburn
Last Listing description (September 2021)
An investment ready to blossom
James Gregson Commercial is offering a prime investment with significant upside in a highly sought after and thriving shopping precinct.
Key features include:
Abutting large public car park
Current rent $26,189 pa plus GST (tenant pays all outgoings according to the lease). Note market review in 2022 with potential for significant uplift in rent.
Lease term: three years by three years commenced 2019
Land area 145m2 approx with wide 8.6m frontage
Close proximity to public transport via Main Street (approximately 50m) and Canterbury Road (approximately 300m)
Property History for 127 Canterbury Rd, Blackburn, VIC 3130
- 17 Aug 2021Sold - Price Undisclosed
- 09 Jun 2021Listed for Sale Price on Application
- 10 Sep 2020Listed for Rent $1,000,000
Recent sales nearby
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0About Blackburn 3130
The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12.0% of total area. The population of Blackburn in 2016 was 13940 people. By 2021 the population was 14478 showing a population growth of 3.9% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation.In 2021, 72.00% of the homes in Blackburn were owner-occupied compared with 72.30% in 2016.
Blackburn has 8,855 properties. Over the last 5 years, Houses in Blackburn have seen a 12.48% increase in median value, while Units have seen a 22.37% increase. As at 30 November 2025:
- The median value for Houses in Blackburn is $1,638,482 while the median value for Units is $833,329.
- Houses have a median rent of $650 while Units have a median rent of $555.
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