443-447 Canterbury Road, Surrey Hills, VIC 3127

Offices | Industrial | Showrooms

Sold

  • Property ID: 423124
  • Floor Area: 1026m²
  • Land Area: 1459m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
443-447 Canterbury Road combined Sold 31/07/2023 1026m2 1459m2 Contact Agent
NEARLY 1,500 SQM* OF OPPORTUNITY: DONT CANTER, SPRINT.

POINT OF INTEREST:

Surrey Hills is an affluent neighbourhood housing deep pockets and elite reputations, and this modern facility matches its context in grand proportions alone. The two lots are made up of a total land area spilling over 1,459 sqm*, providing an ideal footprint for multilevel commercial development or utilisation of the functional current buildings, which themselves add up to 1,026 sqm*. 443-445 has a 373 sqm* ground floor office / showroom space that has seen recent renovations, and a lower-ground warehouse also measuring 373sqm*. The adjoining site at 447 is a single-level office /showroom with roller door access to the warehouse, a complementary addition to the main lot or a clever standalone tenancy. Built for any industry, an occupier could name a hundred uses for the fit-out, made evident by the current tenant who stores and delivers medical equipment and supplies. This flexibility also translates to an easy leasing campaign for any investor looking to add a significant pairing to their portfolio, without compromising on the postcode. High-brow neighbours naturally elevate you to the same, with co-working space OurHQ only a few minutes down the road, Chatham Food Store for gourmet lunches, and Melbourne’s neurology and medical experts on the block. Accessibility is also front of mind, with Chatham railway station merely a four-minute walk away and the M1 taking you into the CBD in 20 minutes flat.

Land areas:
- 443-445 Canterbury Road: 984 sqm*.
- 447 Canterbury Road: 475 sqm*.
- Total combined land area : 1,459 sqm*.

Building areas:
- 443-445 Canterbury Road: 746 sqm*.
- 447 Canterbury Road: 280 sqm*.
- Total combined area : 1,026 sqm*.

Available separately or as a combined package

- Commercial 2 Zoning.
- 40 m* of exposure to Canterbury Road.
- 800 metres* from Mailing Road
- 600 metres * from Union Road
- 11 km* from the Melbourne CBD.

POINT OF VIEW:
They say if it ain't broke, don’t fix it. But if you have the vision to harness all 1,459 sqm* of tightly-held land for even better use of space — then we say to fix this into your most lucrative investment or development yet.

** The current occupier Mc Farlane Medical are expanding to new premises.
*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Upon settlement
  • Car Spaces: 11 on site undercover
  • Condition: Very Good
  • Air Conditioning: Offices
  • Floors: Concrete
  • Lifts: NA
  • Height: Various
  • Age: Refurbished
  • Car Parking Fees: NA
Surrey Hills Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $122 ---
Offices --- $415 ---
Retail --- $433 ---
This is the average advertised price, rent and yield for Surrey Hills, VIC 3127*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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