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CBRE - Melbourne

484 Canterbury Road Forest Hill, VIC 3131

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484 Canterbury Road,
Forest Hill, VIC 3131

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CBRE - Melbourne
Nathan Mufale
Jing Jun Heng

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
484 Canterbury Road
Forest Hill, VIC 3131

Map of 484 Canterbury Road

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STRATEGIC CORNER LANDHOLDING IN BRENTFORD SQUARE SHOPPING CENTRE

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- 484 Canterbury Road is a strategic corner land holding located within the Brentford Shopping Centre

- The property has flexible Commercial 1 zoning, catering to a variety of future development uses

- Located within the Brentford Square Shopping Centre, the property is next to several anchor tenants such as Woolworths, Dan Murphy’s and a medical training centre

- The property offers excellent connectivity to several schools such as Vermont Primary, 600m* Parkmore Preschool (700m*) and Vermont Secondary School (1.4km*) making the location of the shopping centre highly strategic

- Opposite the property is the Forest Hill industrial precinct which is a major industrial employment hub that supports the long-term growth of the shopping centre

- The potential for residential accommodation on the property is bolstered by the strong median unit price of $735,000* within Forest Hill

- The suburb is an attractive residential location due to the number of parks, reserves and golf courses close by, which include Forest Hill Reserve (500m*), Stephens Reserve (300m*) and Morack Golf Course (1.9km*)

- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period

- For more information on the full portfolio, please visit www.thenationald evelopmentsiteportfolio.com.au

*Approx

For further information please contact the exclusive sales and marketing agents:

CBRE Melbourne

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

Stonebridge Property Group

Lincoln Blackledge
+61 408 780 772

Property ID: 503333730Last Updated: 2 Dec 2021

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CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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