505 Canterbury Rd, Vermont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 835m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
If you're searching for a prime location to grow your business or invest in a property with strong potential, this opportunity ticks all the boxes. Perfectly positioned near Mitcham Road, this versatile office space offers exceptional convenience with off-street parking right at the front. Inside, you'll find two well-appointed, air-conditioned rooms-ideal for a professional practice and a separate office or consulting area.
Shared facilities include a spacious boardroom and a well-equipped kitchen, making it easy to host clients or collaborate with your team. You'll also benefit from the convenience of separate men's and women's toilets, a shared telephone system (excluding outbound call costs), and high-speed broadband-plus, a cleaner visits fortnightly to keep the space looking its best. Best of all, all outgoings are included in the rent, providing stress-free budgeting for your business.
Currently leased with tenants in place until November 2025, this property offers a secure income stream for investors from day one.
Set on approximately 835 square metres, the property also features an existing 3-bedroom, 1-bathroom home with two car spaces. For developers, there's even more upside with approved plans and permits for three townhouses (STCA), making this a rare and exciting opportunity in a high-demand location.
Adding to its appeal, the property is located within the highly sought-after Vermont Primary School and Vermont Secondary College zones, making it a desirable option for families and further enhancing future resale or rental value. Whether you're looking to invest, develop, or eventually occupy, this one is well worth your attention.
The size of Vermont is approximately 4.6 square kilometres. There are 17 parks, covering nearly 10.6% of the total area. The population of Vermont in 2016 was 10442 people. By 2021 the population was 10993 showing a population growth of 5.3% in the area during that time. The predominant age group in Vermont is 40-49 years. Households in Vermont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Vermont work in a professional occupation.In 2021, 79.40% of the homes in Vermont were owner-occupied compared with 80.30% in 2016.
Vermont has 4,983 properties. Over the last 5 years, Houses in Vermont have seen a 9.27% increase in median value, while Units have seen a 16.91% increase. As at 30 April 2026:
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