GormanKelly is pleased to offer 200 Canterbury Road, Canterbury, for sale by auction scheduled for Friday 10th March at 12pm on-site.

This is a rare opportunity providing a hassle-free, secure investment in an unbeatable prime location.

We believe the most outstanding aspects of this property include:

- High exposure, single-level retail premises of 65sqm
- Renewed three (3) year lease from 1 October 2017 with three (3) year option
- Currently returning $24,629.40 net p.a. plus GST, increasing to $24,779.47 net p.a. plus GST on 1 October 2017 with CPI annual increases from that date
- Land area 75sqm / Zoned Commercial 1
- Design and Development Overlay for Canterbury Village
- Suitable for investors with development upside
- Great location close to Canterbury Railway Station and part of an island site
- Neighbouring Mailing Road shopping precinct which is home to various retailers including The Mailing Room, Buckley's IGA, Donninis Pasta, Bakers Delight, Café Eden and Australia Post

200 Canterbury Road, Canterbury is located on the southern side of Canterbury Road on the corner of Railway Place and is located approximately 11km* east of the Melbourne CBD within the municipality of the Boroondara City Council.

Furthermore the property is in close proximity to the following facilities: • Located 100m from the Maling Road retail strip which is home to various retailers including: Ruby’s Tea Making, Buckley’s IGA, Donninis Pasta, Bakers Delight, Café Eden, a Drycleaner & a Post Office • Surrounded by various bus services and only 50m to Canterbury Railway Station which services the Belgrave and Lilydale lines • Easy access to the major south-eastern thoroughfares including the Eastern Freeway (5.7km), Whitehorse Road, Mont Albert Road and the Monash Freeway 7.5km