Gorman Commercial FOR SALE

208 Canterbury Road, Canterbury

for sale

NEW 5-YEAR LEASE TO FLIGHT CENTRE

Gorman Commercial is pleased to offer Suite 3, 208 Canterbury Road, Canterbury for private sale.

This beautifully presented office suite within the former Canterbury Club Hotel is steeped in the rich history of Melbourne circa 1880's.

Leased to ASX listed entity, Flight Centre Travel Group Limited (ASX: FLT), the tenant has been in occupation in excess of 25 years.

Key property features include:

* Tenant pays land tax and all outgoings
* Leased to Flight Centre Travel Group Limited (ASX: FLT)
* Income: $40,000 pa + GST + outgoings
* New five (5) year lease from May 2024
* Net lease with all outgoings recoverable by the Tenant including land tax
* Building area: 120 sqm approx.
* Includes original basement cellar room (used as storage currently)
* Leased to longstanding tenant in occupation for over 25 years

Positioned at the intersection of Maling Road and Canterbury Road, this locale is well known for its charming retail shopping strip interspersed with sought after cafes and eateries.

Listing Highlights

  • Net rent: $40,000 + GST + outgoings
  • New 5-year lease to longstanding tenant
  • Blue chip tenant - Flight Centre Travel

Property Details

Asset Type
Offices
Building Area
75 m2*
Car Parking
2 spaces
Price
Contact Agent

Nathan May

0452 210 491

nmay@gormancommercial.com.au