580-584 Canterbury Road,
Vermont, VIC 3133

This fantastic investment opportunity includes a recently constructed, circa 2014, two level building featuring multiple income streams. The property comprises 10 tenancies including four large 2 bedroom upper level residential apartments, one upper level commercial space / office and five retail shops anchored by Subway restaurant and Australia Post.

Available as a whole via Private Sale 

The subject property comprises a fully leased two storey building with main road frontage and substantial rear car park, returning a total of $296,619.80 per annum. 

This convenient location is just 1.9 kilometres* from Springvale Road, 2.1 kilometres* from EastLink (via Canterbury Road), 2.3 kilometres* from Ringwood Metropolitan Activity Centre comprising the Costco Wholesale warehouse and the newly expanded Eastland Shopping Centre.

- Current rental $296,619.80 per annum 
- Diverse mix of residential and commercial/retail tenancies 
- Whole freehold site totalling 1,079m2* with rear right of way access 
- 19 car parking spaces, including secure garages to apartments 
- 26.8 metre* frontage to Canterbury Road
- Generous depreciation allowances available

*approx