Two Retail Shops - Invest Or Occupy
Price on Application
96 & 98 Canterbury Road
Canterbury VIC 3126
Retail
FOR SALE
185m2
- Floorplans View Floorplan
RWC Diston Asset Services is pleased to present, for the first time in over 40 years, these two shops on one title with outstanding exposure to Canterbury Road.
Great opportunity with compelling flexibility to occupy number 96 and collect rental on 98 or occupy yourself.
Property features include:
• Shop 96 | Vacant possession
• Shop 98 | Leased to Gallerie B Interiors
• Terms | Three (3) years
• Options | Three (3) years + Three (3) years
• Increases | 3% annually
• Return | $30,900 pa net (1/08/2024)
• Total building area | 185sqm approximately
• Land area | 355sqm approximately
• Rear laneway access
• Zoning | Commercial 1
This is a fantastic property to add to your portfolio with future value add potential to subdivide or further develop (STCA), set amongst one of Melbourne's most affluent suburbs and is set to underpin your investment.
Great opportunity with compelling flexibility to occupy number 96 and collect rental on 98 or occupy yourself.
Property features include:
• Shop 96 | Vacant possession
• Shop 98 | Leased to Gallerie B Interiors
• Terms | Three (3) years
• Options | Three (3) years + Three (3) years
• Increases | 3% annually
• Return | $30,900 pa net (1/08/2024)
• Total building area | 185sqm approximately
• Land area | 355sqm approximately
• Rear laneway access
• Zoning | Commercial 1
This is a fantastic property to add to your portfolio with future value add potential to subdivide or further develop (STCA), set amongst one of Melbourne's most affluent suburbs and is set to underpin your investment.