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159 Canterbury Road, KILSYTH VIC, 3137

Sold

Property Sold in 159 Canterbury Road, KILSYTH VIC, 3137

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11168912
Status:
Sold
Price:
Contact Agent
Last Updated:
02/10/2019
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Property Type

Land/Development/Industrial/Warehouse/Showrooms/Bulky Goods
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Land Area

17500 SQM
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Floor Area

8004 SQM
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Parking

N/A

Landbank/Investment Opportunity with Income and Development Potential!

This sizeable investment located at 159 Canterbury Road, Kilsyth comprises 7 buildings with a total area of 8,004m2* on a land allotment of 1.75 hectares* (4.30 acres*) with a huge hardstand/car parking for approximately 160 vehicles.

Buildings 1, 2, 3, 5 and 6 have a combined total area of 6,272m2* and are currently leased to Kilsyth Bargain Centre presently returning $245,454.54 pa + GST. 

Buildings 4 & 7 have a combined total area of 1,732m2* and are currently leased to Romano Tiles and is presently returning $92,688.79 pa + GST.

This is a great investment/landbank opportunity offering potential for refurbishment or the development of a showroom/industrial park. 

The subject property is positioned in the well-established Canterbury Road Bayswater – Kilsyth showroom/display precinct featuring major traders such as Bunnings, Officeworks, McDonalds, Total Tools, Super Cheap Auto , Bayswater Jayco and Bridgestone Select Tyres just to name a few. 

* Current rentals at only $42 per square metre average.

*approx

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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