88 Canterbury Rd, Canterbury is a 1 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 205m2 and floor size of 54m2.
A rare opportunity to enjoy residential living while benefiting from a secure commercial income stream, this unique freehold property combines lifestyle, flexibility and long-term value on approximately 205sqm with rear laneway access and parking for two vehicles.Privately positioned at the rear, the self-contained studio residence enjoys a sunny western aspect and offers immediate comfort with a newly appointed full kitchen featuring gas cooking, spacious lounge area, robed bedrooms, bathroom with bath and integrated laundry facilities. Perfect for owner-occupiers, downsizers, adult children, or those seeking a work-from-home lifestyle with added financial upside.At the front of the property, the charming period commercial premises is currently leased on a secure 3-year tenancy, delivering reliable income from day one. Beautifully presented, the commercial space comprises two main rooms, a storeroom and separate powder room.Positioned in a highly convenient location alongside thriving local businesses including the popular Tonto caf, and within walking distance to Camberwell East Station, Boroondara Park and walking trails. Commercial 1 zone 205sqm approx land, with Reeve Lane ROW that offers easy parking for two cars Period main building with modern amenities for commercial retail applications (current lease in place) Self-contained apartment thats perfect for residential or Airbnb leasing (vacant and ready) Close to train, parks, trails and thriving caf*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.
The size of Canterbury is approximately 3.2 square kilometres. There are 14 parks, covering nearly 6.6% of the 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 4,035 properties. Over the last 5 years, Houses in Canterbury have seen a -5.25% decrease in median value, while Units have seen a 1.54% increase. As at 31 May 2026:
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