Occupying arguably the most high profile corner position in the prestigious, character-filled Maling Road Village, this retail commercial property represents an astute opportunity for a canny investor.
On a block of 64.79 sq m (approx.) and in use as a landmark fashion boutique, the secure tenancy has a 4 year lease with an option (5 years), currently returning $84,423 per annum. The shop has display windows on each of the 2 street frontages, storage space and kitchen and bathroom facilities and is just steps from the public carpark.
Surrounded by established retailers, well patronised cafes and restaurants and adjacent to Canterbury Station, this sought-after location has the benefit of continual passing traffic in a well-patronised village setting that is truly one of the gems of Eastern Suburbs retail.
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 -1.58% decrease in median value, while Units have seen a 4.33% increase. As at 30 April 2026:
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