INCOME NOW. SCALE LATER.

Sale Details

Sold on 31 Jul 2026

Description

POINT OF INTEREST

On the industrial map of Melbourne’s east, Kilsyth isn’t just pinned — it’s circled, underlined, and tightly held. At 159 Canterbury Road, a substantial 17,586 sqm* landholding improved by seven buildings totalling 7,800 sqm* presents a rare large-scale acquisition in one of the east’s most supply-constrained industrial precincts.
With approximately 76 metres* of frontage to one of the suburb’s busiest arterials, this generational site blends secure holding income with meaningful long-term upside. Whether retained as a high-yielding investment, strategically repositioned, or redeveloped in the future (STCA), the fundamentals here are undeniable — scale, exposure and Industrial 1 zoning in a market where large parcels are increasingly scarce.
The property delivers immediate diversified income with a mixture of established leases and flexible tenancies, allowing investors to secure cash flow while preserving optionality. Positioned among national heavyweights including Bunnings, Officeworks and Anaconda, and supported by strong arterial connectivity, this is an opportunity defined by both income and influence.

- Total building area of 7,800 sqm* across seven buildings.
- Expansive landholding of 1.75 Hectares *.
- Industrial 1 Zoning (IN1Z).
- Current passing income of $548,372 per annum.
- Approx. 76m* frontage to Canterbury Road.
- Future development opportunity for business estate / large format retail (STCA).
- Diverse tenancy profile.
- Flexible monthly and short-term tenancies enhancing future flexibility.
- Surrounded by major national retailers and key arterial connections.

POINT OF VIEW

Big frontage. Bigger future.
Seventy-six metres of Canterbury Road doesn’t whisper — it makes a statement.

Pricing excludes GST

*Approx.