212 Canterbury RoadHeathmont VIC 3135
Property Details for 212 Canterbury Rd, Heathmont
Last Listing description (September 2016)
**Expressions of Interest closing 22nd September 2016 at 4pm.
Ray White Commercial proudly presents this rare opportunity to invest into a Brand New ten (10) year lease to a long standing Dentistry tenant | Heathmont Dental.
This purpose built prime corner allotment with outstanding exposure with future value add potential makes this strong lease covenant property a must have in your property portfolio, not to mention the fact the property boasts:
- Prominent Exposure to Canterbury Road
- 2 main street frontages
- Building Area | 243m2 approx.
- Featuring 10 car spaces on site
- Irreplaceable multi frontage land holding of 850m2 approx.
- Brand new Ten (10) Year Lease with 2 further options of 5 years each
- 3% annual increases
- Currently Zoned NRZ2 with Council preparing an amendment as part of the Heathmont Activity Centre Structure Plan to allow for higher density with heights between 2-3 levels (STCA)
- Total Income $90,000 per annum
Property History for 212 Canterbury Rd, Heathmont, VIC 3135
- 27 Sep 2016Sold for $1,800,000
- 18 Aug 2016Listed for Sale Expressions of Interest
- 21 Dec 1993Sold for $85,000
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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 4,506 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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