371 Canterbury Road

Surrey Hills VIC 3127

A rare chance to secure two adjoining commercial freeholds in one of Melbournes most tightly held inner-eastern precincts. 371373 Canterbury Road, Surrey Hills combines high-exposure Canterbury Road frontage with rear access via Stanley Terrace, offering strong fundamentals today and flexibility for tomorrow. Positioned in a strategic commercial pocket between Box Hills activity centre and Melbournes inner east, this is an ideal proposition for buyers seeking to invest, occupy, reposition or value-add (STCA)with the advantage of immediate passing income and outstanding local amenity close by. Key features include: Two adjoining commercial freeholds offered together: 371 & 373 Canterbury Road Substantial combined landholding of 820 sqm* 371 Canterbury Road: 408 sqm* 373 Canterbury Road: 412 sqm* Dual frontage to Canterbury Road and Stanley Terrace (rear access) Current passing income of $60,492 p.a.* 371 Canterbury Road improved with a medical practice, returning $26,592 p.a.* 373 Canterbury Road 3 bedroom residential, returning $33,900 p.a.* Prominent exposure with strong pedestrian activity along Canterbury Road Excellent public transport access, adjacent to Chatham Train Station Lifestyle and retail amenity within walking distance, including Maling Road (approx. 400m) and Union Road (approx. 800m) retail strips Versatile future potential to invest, occupy or value-add (STCA) Opportunities of this calibreside-by-side freeholds, dual access, established income and future optionalityare rarely available in Surrey Hills.*All areas and income figures are approximate and should be independently verified. Sale is subject to contract. (STCA) Subject to Council Approval.