Discover an exceptional investment opportunity in the heart of Canterbury. This prime retail freehold is situated within the heart of Maling Road's iconic shopping village and provides secure income from a well established tenant.

This asset is well worth consideration for any investment portfolio.

Key Features:

* A brand new 5 + 5 + 5 year lease in place, offering a secure income stream well into the future.
* The property, spanning a 121 sqm* freehold site with a generous building area of 157 sqm*, offers versatile retail and first floor accommodation.
* Strong rental income of $81,264* pa + GST
* Ideal for investors seeking a strategic location with foresight into the area's evolving landscape.
* Occupied by an established café operator, trading since 2016.
* Rarely offered freehold property in the highly sought-after suburb of Canterbury, complimented by the enchanting array of boutiques, eateries and it's rich history.
* Locale is underpinned by the affluent area, Canterbury median house price of $3,195,000**.

Excellent transportation options highlighted by Canterbury Railway Station, part of the Belgrave/Lilydale train line, offer convenient train services. Additionally, public bus routes serve the area, connecting Maling Road to surrounding suburbs and an abundance of public parking facilities.

*Note: All measurements are approximate
** Source REIV Median data for December Quarter 2023