1-5 Canterbury Street

Deer Park VIC 3023

1 CANTERBURY STREET (CNR. STATION ROAD), DEER PARK
HIGH PROFILE CORNER, 5 SHOPS WITH SUBDIVISION POTENTIAL, STRONG SECURE INCOME LEASED TO MULTINATIONAL & ESTABLISHED TENANTS!

• Corner site of 581sqm* with huge frontage of 53.3sqm*
• Five adjoining modern shops with a combined building area of 458sqm*
• Current Combined Rental Income: $217,617pa (excl. GST and outgoings)
• Securely leased to Rain Bird, Kumon and Empowering Options NDIS!
• Exceptional corner signage options and brand presence
• Positioned at the entrance of the Ballarat Road Shopping Village, directly opposite shopping centre public car park for 150+ cars
• Commercial 1 Zoning with no restrictive covenants
• Subdivision potential and massive future development upside (STCA)

*(approx.)

3-5 CANTERBURY STREET, DEER PARK
LAND RICH INVESTMENT LEASED TO NEUROREHAB MEDICAL CENTRE!

• Land area of 1,432sqm* with 36m* frontage
• Five shops consolidated into one state of the art medical centre, with a combined building area of 611sqm*
• Twenty-two (22) onsite car parks
• Current Rental Income: $226,051pa (excl. GST and outgoings)
• Securely leased since 2005 to medical tenant, NeuroRehab, being their founding location and headquarters - until 2034!
• Dual drive through access with rear onsite car parking
• Commercial 1 Zoning with no restrictive covenants - endless development outcomes & possibilities! (STCA)

*(approx.)

KEY LOCATION FEATURES:

• Walking distance to future home of the West's logistics epicentre and major employment hub, already anchored by Asahi Beverage Distribution Centre
• High foot traffic and vehicle traffic with more than 106,000 cars passing daily.
• Part of Deer Parks seven-day-a-week, day-and-night trading precinct, including Supermarket, Post Office, Pharmacy, Convenience retailers and more
• Surrounded by a broad range of food and beverage offerings reflecting Deer Park's multicultural composition
• Encouraging development conditions without restrictive covenants and controls (STCA)

WORLD CLASS CONNECTIVITY:

• 15 minutes to Tullamarine Airport / 35 minutes to Avalon Airport
• 20 minutes to the Port of Melbourne
• Immediate access to the Western Ring Road
• 4 train stops to Southern Cross / 1 stop to Sunshine Station and the new Airport rail link

TWO OPPORTUNITIES - ENDLESS POSSIBILITIES.

Call or email the exclusively appointed agents James Gregson 0421 516 480 and Mason Viola 0470 666 334 to request further insight on this outstanding offering.