Stonebridge Property Group is pleased to present for mortgagee sale 165-167 Canterbury Road, Heathmont.
The key highlights of the opportunity include:
- Permit approved for a 4 level residential development comprising 29 apartments & 4 retail premises
- 2,291 sqm* landholding zoned Commercial 1 & General Residential with a total frontage of 53 m* to Canterbury Road
- Limited supply of residential development sites of this scale, especially in this pocket of Heathmont, which is surrounded by a successful retail precinct (IGA 200 m* away)
- Situated in the City of Maroondah which has a track record of strong apartment sales
- Only 200 m* from Heathmont Train Station allowing connectivity to the Melbourne CBD
- Surrounded by numerous parklands and within walking distance to Viviani Reserve (60 m*) & Heathmont Reserve (500 m*)
165-167 Canterbury Road, Heathmont is for mortgagee sale by Expressions of Interest closing Thursday 30th November 2023 at 2:00PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
0422 764 137
Chao Zhang
0411 625 068
Jacob Biviano
0416 088 586
* Approximately
Property Code: 764
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 4,494 properties. Over the last 5 years, Houses in Heathmont have seen a 3.36% increase in median value, while Units have seen a 16.27% increase. As at 30 April 2026:
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