STRATEGIC CORNER LANDHOLDING IN BRENTFORD SQUARE SHOPPING CENTRE
- 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.thenationaldevelopmentsiteportfolio.com.au
*Approx
CBRE Melbourne
Mark Wizel
+61 411 694 756
Julian White
+61 422 764 137
Stonebridge Property Group
Lincoln Blackledge
+61 408 780 772
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