181 Canterbury Road, BLACKBURN

Alex Ham & Andrew Waddell from Gross Waddell have sold Cnr Blackburn and Canterbury Road, Blackburn via Expression of Interest for $3,454,000.

The property represented a rare opportunity to secure a successful aged care facility, Covenant House within the heart of Melbourne’s Eastern suburbs. The property features high exposure on a site of 1,750m² with substantial frontage of 78* metres, caters to 20 rooms (including 4 double) each with an en-suite and supported by Residential Services plus Proprietor’s Residence.

Covenant House is located on the north eastern corner of Canterbury Road and Blackburn Road in the eastern suburb of Blackburn some 13* kilometres from the Melbourne CBD. The property falls under the Neighbourhood Residential Zone – Schedule 1 (NRZ1) and is surrounded by suburbs including Box Hill, Burwood, Mitcham, Forest Hill and Doncaster.

Alex Ham of Gross Waddell commented “this represented a rare opportunity to secure a business and freehold offered as a whole, which was purchased by an owner occupier. The corner property is strategically positioned within Blackburn, and is in close proximity to a host of health, commercial, educational, recreational, employment, community facilities and public reserves generated over 90 enquiries and 9 expressions of interest forms received.”