*****SOLD*****
Gross Waddell ICR is pleased to offer this two level retail building positioned within the heart of the boutique and tightly held precinct of Maling Road, as part of the 'Signature Auction Portfolio'.
Prominent two level retail building of 206 sqm* offered with vacant possession
Valuable landholding of 190 sqm*
Located directly opposite Theatre Place Arcade and the entrance to Canterbury Train Station
Favourable Commercial 1 Zone (C1Z)
Dual street frontage with surplus land at rear allowing for future expansion or redevelopment (STCA)
An incredibly rare opportunity to secure a property within the heart of this highly desirable retail shopping strip
Surrounded by an array of established local and national retailers
Located within the 'blue chip' eastern suburb of Canterbury which boasts a median house price of $3,370,000 (source: REIV)
The property is to be sold via Public Auction as part of the 'Signature Auction Portfolio' and held at Leonda by the Yarra from 11 am on Thursday the 7th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
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 4,044 properties. Over the last 5 years, Houses in Canterbury have seen a -1.58% decrease in median value, while Units have seen a 4.33% increase. As at 30 April 2026:
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