150 Canterbury RoadHeathmont VIC 3135
Property Details for 150 Canterbury Rd, Heathmont
Last Listing description (April 2021)
sOLD!!! A NEWSWORTHY INVESTMENT
CBRE Melbourne Strip Retail Investments are delighted to present for sale via public auction this strong performing retail investment in one Metropolitan Melbourne's most tightly held-retail strips. Better known as 150 Canterbury Road, Heathmont, this is an opportunity to invest in a brand new eight year lease to a strong-trading retailer.
We highlight below some of the key highlights of this irreplaceable Heathmont offering:
- Ideally located freehold retail investment leased to strong tenant, Heathmont Newsagency
- Brand new 8 year lease with options to 2031
- Income of $43,200* net per annum plus outgoings and GST
- Substantial building area of 153sqm* with rear laneway access
- Located in one of Metropolitan Melbourne's most tightly-held and vibrant retail strips supported by public transport and surrounding established residential estates
- Positioned alongside major retailers including 7Eleven, IGA, Bakers Delight and Commonwealth Bank, to name a few
- Centrally positioned in the heart of the retail street, benefiting from massive foot traffic via the pedestrian crossing leading straight to the premises, servicing both the northern and southern retail strips on Canterbury Road
*approx
For Sale via Public on-site Auction, scheduled for Thursday 26th November, 2015 at 12:00pm.
SANDRO PELUSO
+61 418 389 757
JOSH TWELFTREE
+61 452 524 985
ROREY JAMES
+61 439 400 081
Property History for 150 Canterbury Rd, Heathmont, VIC 3135
- 26 Nov 2015Sold for $1,305,000
- 27 Oct 2015Listed for Sale AUCTION THURS 26 NOVEMBER AT 12:00PM
- 15 Nov 2012Listed for Sale $845,000
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About Heathmont 3135
The size of Heathmont is approximately 4.4 square kilometres. It has 17 parks covering nearly 9.3% of total area. The population of Heathmont in 2016 was 9688 people. By 2021 the population was 9933 showing a population growth of 2.5% in the area during that time. The predominant age group in Heathmont is 40-49 years. Households in Heathmont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heathmont work in a professional occupation.In 2021, 80.50% of the homes in Heathmont were owner-occupied compared with 79.90% in 2016.
Heathmont has 4,505 properties. Over the last 5 years, Houses in Heathmont have seen a 9.76% increase in median value, while Units have seen a 19.02% increase. As at 31 March 2026:
- The median value for Houses in Heathmont is $1,088,880 while the median value for Units is $826,279.
- Houses have a median rent of $650 while Units have a median rent of $575.
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