296 Canterbury Rd 15,069 SF Retail Building Canterbury, NSW 2193 For Sale

This rare blue-chip investment opportunity at 296 Canterbury Road, Canterbury offers a secure and high-performing asset in a prime location. The property is leased to Select Foods, trading as the renowned Canterbury Kebabs & Burgers (CK’s), under a brand-new 10-year lease (5 years + 5 years) commencing 1 January 2026 and expiring 1 January 2036. The current net rental is $270,400 + GST, with the tenant responsible for all outgoings, and a scheduled minimum increase to $281,200 + GST + outgoings on 31 December 2025. Positioned on a substantial 1,400 m² corner site with an impressive 45-metre frontage to Canterbury Road, the property offers exceptional exposure in a high-traffic corridor. A million-dollar fit-out is currently underway, further enhancing the asset’s value and long-term appeal. Flexible settlement options are available, allowing investors to secure this premium property now.
With a strong covenant, long-term lease, and prime location, this property represents an outstanding opportunity for investors seeking a secure, income-generating asset in Sydney’s thriving inner-west market.