281-285 Canterbury Road,
Forest Hill, VIC 3131

Shops & Retail • Warehouse, Factory & Industrial • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 281-285 Canterbury Road

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HIGHLY EXPOSED MAIN ROAD RETAIL INVESTMENT WITH 10 YEAR LEASE

- 10 year Net lease to prominent greengrocer 'Strawberry Point Fresh Food Market'

- Positioned on an irreplaceable 3,520sqm* Commercial 1 Zoned land holding

- A modern 1,200sqm* freestanding building plus 48* on-site car parks

- More than 55 metres of dominant exposure to the busy Canterbury Road

- Surrounded by major shopping centres including Forest Hill Chase & Brentford Square

- Providing a net annual income of $348,140 p.a* with fixed 3% annual rental increases

- Substantial future development upside

For Sale via Public Auction on Thursday 8th December at 2:30pm.

*approx

CBRE Selling Agents:
Rorey James
+61 439 400 081

Sandro Peluso
+61 418 389 757

Benzon Zhou
+61 401 873 499

Vinci Carbone Selling Agents:
Frank Vinci
+61 418 375 375

Joseph Carbone
+61 418 351 316

Forest Hill, 3131 demographic data

The median household income for Forest Hill is $1,658, 13% lower than Greater Melbourne's household income of $1,901. Forest Hill has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 45% of property owners in Forest Hill have a mortgage.

10,780

Population

$1,658 per week

Median household income

42 years

Median age

Owners

Most residents

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Most households