GormanKelly is pleased to offer 1 Rochester Road, Canterbury for sale by Expressions of Interest closing Thursday 11th August at 2pm.
This is a rare opportunity to acquire a substantial Rochester Road development site with Commercial 1 zoning, in an unbeatable prestige location with holding income or an excellent investment with longer term potential.
We believe the most outstanding aspects of this property include:
- Single level office with rear warehouse premises of 614sqm* including two (2) mezzanine areas;
- Premium site with 2 frontages to Rochester Road and Delany Close (with roller door access) backing on to a Council carpark;
- Land Area 578sqm*/Zoned Commercial 1;
- Highly sought after and desirable location with excellent residential / mixed use development potential (Subject to Council Approval);
- Short-term holding income of $104,040 net per annum plus outgoings;
- Offered on the open market for the first time in 32 years;
- Suitable for developers, owner occupiers or investors;
- Prime location Canterbury Train Station less than 100m* away providing direct access to the Melbourne CBD;
- Only a two-minute walk from Maling Road Village which includes retailers such as IGA, Australia Post, The Maling Room, The Good Food Collective, Canterbury Eyecare, Xocolatl Artisan Chocolates & Cafe, Cafe Gateaux, Bennet's Quality Meats and Bakers Delight amongst various specialty homewares shops and boutique fashion stores.
For more information, please contact Exclusive Selling Agents Nick Breheny or Robert Kelly.
The size of Canterbury is approximately 3.2 square kilometres. It has 14 parks covering nearly 6.6% of total area. The population of Canterbury in 2016 was 8056 people. By 2021 the population was 7800 showing a population decline of 3.2% in the area during that time. The predominant age group in Canterbury is 10-19 years. Households in Canterbury are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Canterbury work in a professional occupation.In 2021, 78.10% of the homes in Canterbury were owner-occupied compared with 76.80% in 2016.
Canterbury has 4,041 properties. Over the last 5 years, Houses in Canterbury have seen a 16.58% increase in median value, while Units have seen a 10.94% increase. As at 31 December 2025:
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