592-594 Canterbury Road 3,348 SF 100% Leased Retail Building Vermont, VIC 3133 For Sale

This property offers an outstanding investment opportunity in a highly visible location along Canterbury Road in Vermont. Positioned on a prominent corner, the site benefits from strong exposure to significant traffic flow and proximity to the Canterbury Road, Mitcham Road, and Boronia Road junction. The property is currently fully occupied by two tenants under secure, long-term leases, generating an annual rental income of $66,668 plus GST.
Beyond its income-producing capability, the property boasts long-term development potential, providing flexibility for future growth. The corner location enhances accessibility and visibility, making the site attractive for potential redevelopment in a well-established suburban corridor. This asset combines stable cash flow with prospective upside, catering to investors seeking both immediate returns and capital growth opportunities in a key Melbourne precinct.