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Highlights

  • Located on Canterbury Road, one of Melbourne’s premier inner-east arterials, ensuring exceptional visibility and connectivity.
  • Situated within a vibrant area near Maling Road Village and Balwyn retail strips, offering a wide range of amenities.
  • Surrounded by an affluent residential catchment and leading private/public schools, supporting premium positioning for service-based occupiers.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 786 SF
  • Negotiable
  • $29.34 /SF/YR $2.45 /SF/MO $23,055 /YR $1,921 /MO
  • TBD
Space Use
Office/Retail
Availability
Now

241 Canterbury Road offers an approx. 73 sqm lock-up shop positioned along one of Melbourne’s most prestigious eastern corridors, ideally suited for office or retail use. This compact and highly functional tenancy features a clear, open-layout floor plan adaptable to various configurations, allowing businesses to customize the space for day-to-day operations or client-facing engagement. Its location provides exceptional accessibility and visibility—situated near Balwyn and Rochester Roads and directly opposite a train station, reinforcing convenience for commuting clients and staff. The property’s size and position make it a compelling choice for boutique retailers, consultancies, or professional service providers seeking a foothold in Canterbury’s vibrant commercial environment. The tenancy benefits from an affluent surrounding residential catchment and close proximity to lifestyle amenities, including cafés, specialty retail, and educational facilities, ensuring strong appeal for businesses targeting high-value clientele.

  • Mostly Open Floor Plan Layout
  • Located in-line with other retail
  • Display Window
  • Approximately 73 sqm lock-up shop
  • Ideal for office or retail occupation
  • Highly adaptable open floor space
  • Located near Balwyn and Rochester Roads
  • Positioned opposite the train station
Space Size Term Rental Rate Rent Type
Ground 786 SF Negotiable $29.34 /SF/YR $2.45 /SF/MO $23,055 /YR $1,921 /MO TBD

Ground

Size
786 SF
Term
Negotiable
Rental Rate
$29.34 /SF/YR $2.45 /SF/MO $23,055 /YR $1,921 /MO
Rent Type
TBD
Space Use
Office/Retail
Availability
Now

241 Canterbury Road offers an approx. 73 sqm lock-up shop positioned along one of Melbourne’s most prestigious eastern corridors, ideally suited for office or retail use. This compact and highly functional tenancy features a clear, open-layout floor plan adaptable to various configurations, allowing businesses to customize the space for day-to-day operations or client-facing engagement. Its location provides exceptional accessibility and visibility—situated near Balwyn and Rochester Roads and directly opposite a train station, reinforcing convenience for commuting clients and staff. The property’s size and position make it a compelling choice for boutique retailers, consultancies, or professional service providers seeking a foothold in Canterbury’s vibrant commercial environment. The tenancy benefits from an affluent surrounding residential catchment and close proximity to lifestyle amenities, including cafés, specialty retail, and educational facilities, ensuring strong appeal for businesses targeting high-value clientele.

  • Mostly Open Floor Plan Layout
  • Located in-line with other retail
  • Display Window
  • Approximately 73 sqm lock-up shop
  • Ideal for office or retail occupation
  • Highly adaptable open floor space
  • Located near Balwyn and Rochester Roads
  • Positioned opposite the train station

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 786 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 1,615 SF

About the Property

241 Canterbury Road, Canterbury, is a small-format property positioned along a prominent arterial route in one of Melbourne’s most affluent eastern suburbs, offering immediate connectivity to key lifestyle precincts and residential catchments. Located within the Boroondara local government area, this property benefits from excellent access to Canterbury Road and major connecting arterials, making it suitable for various professional or boutique uses.

  • Listing ID: 40272280

  • Date on Market: 4/24/2026

  • Last Updated:

  • Address: 241 Canterbury Rd, Canterbury, VIC 3126

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