Freestanding Investment - Corner Location

PROPERTY ADDRESS - 296 Canterbury Road, CANTERBURY, 2193

# Brand New Lease to all famous Restaurant & Take away shop in Sydney
# Lessee is CK'S KEBABS AND BURGERS CANTERBURY
# Rental Return $260,000 + GST per annum
# Lease start September 2024
# Lessee pays 100% of Outgoings
# Long established business been operating a successful business in the area over 20 years
# Prime Corner Location with Future Development Potential ( with good holding income)
# ZONING B5 Business Development under the Canterbury Local Environmental Plan 2021
# HEIGHT LIMIT - 18 metres
# LAND AREA: 1,393.545m² VG Measurements - 45.72m x 30.48m approx.

DESCRIPTION
Situated in the heart of Canterbury, this property represents a rare opportunity to acquire a free-standing
development site of approximately 1,393.545m² in one of Sydney's prime business precincts.
This commanding corner position provides any business with huge exposure to the thousands of cars and pedestrians that pass by
each and every day.

LOCATION
Positioned on the corner of Canterbury Road and Dibbs Street and only 12.2 kilometres to Sydney’s CBD.
This superb location benefits from excellent exposure being on the main arterial road between Newtown
and Punchbowl. Canterbury has superb amenities such as Canterbury Plaza. Furthermore, the property is well
serviced by Public Transport with the Canterbury Train station nearby.

Contact one of Sydney's Top Agents Shane Ada for this and other opportunities we have.