Gross Waddell ICR is pleased to offer Shops 3 & 4, 134a Canterbury Road, Blackburn South For Sale.

This is the perfectly located investment to add to your property portfolio. A corner shop with great exposure close to many other retailers, supermarkets, with a proven tenant who has occupied the premises since 2017.

Shops 3 & 4, 134a Canterbury Road, Blackburn South is situated 17 kms* East of Melbourne's Central Business District. The area is well-connected by various forms of public transport, including buses and nearby train stations. Blackburn South offers a mix of residential properties, schools, parks, and local amenities, making it an attractive and convenient place to live for families and individuals alike. Additionally, the suburb boasts a range of shops, restaurants, cafes, and banks, providing residents with easy access to daily necessities and services.

Key Highlights:

• Rental income: $54,749.39 p.a. +Outgoings +GST

• Term: Five (5) years - commenced April 2020

• Review: Fixed 4% annual increase

• Options: Five (5) Years

• Security Deposit: Equivalent to six (6) months’ rent

• Building area: 105 sqm*

• Corner location for maximum exposure

• Two (2) car spaces located at the rear

• Located amongst Woolworths, BWS, McDonald's drive-thru and many boutique / independent retailers

• Proven Tenant established 2017

To book a private inspection please contact the exclusive selling agents from Gross Waddell ICR.

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