Featured home: 129 Canterbury Road, Canterbury

Written by realestateview.com.au in Buying on January 18, 2018

Marketed as the ultimate investment opportunity, 129 Canterbury Road, Canterbury is the flagship display home for luxury builders Verde Homes.

The property is a compelling opportunity for local and international investors, with Verde Homes seeking offers on a sale/lease back basis with a guaranteed return of 4% per year for 2 years.

Located on the corner of Canterbury Road and Victoria Avenue, the home is in a “golden mile” location, says Marshall White agent Stephen Gough. Maling Village is close by, offering an ambient dining experience, while Shenley Ground and the Anniversary Trail are within walking distance.

“Many regard this location as the quintessential example of an arcaded canopy of Plane trees and avenue streetscape,” Stephen says.

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Provincial-style home with a twist

The home itself exudes style and class, while being detailed to an exceptional standard. Rather than aping nearby ‘French Provincial’ styles, Verde have delivered a fresh concept in luxury home living that references US East Coast upmarket home design.

“With the use of a slate roof, colonnaded and articulated facades from both street aspects and a high set position that makes the home look very impressive, the property still sits well in the leafy streetscape,” Stephan continues.

Enter the home and you are greeted by European oak parquetry flooring in a herringbone pattern. Continue through and you will come across the first of three living rooms featuring a contemporary, hand stacked granite fireplace and built-in furniture.

Right in the heart of the ground level is the open-plan kitchen, dining and living space. The kitchen is a budding chef’s delight with a Bertazzoni freestanding 900mm rangehood, built-in microwave, Miele dishwasher and fully integrated refrigerator and freezer provisions with overhead cupboards. The solid porcelain stone splashback and bench tops add a modern touch and sense of class to the practical space, while the butler’s pantry provides additional storage and preparation facilities.

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The living area is spacious, perfect for larger families, and the house and garden are seamlessly integrated with the alfresco directly accessible via stunning French doors with feature glazing. Wander through the alfresco and back towards the front of the home to embrace the lush garden, signature columns and classic water feature.

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Taking up the entire rear of the ground floor is the master suite, complete with a cosy sitting area, access to the alfresco, double walk-through robe and ensuite with separate toilet and double vanity.

“The bathrooms are on-point in terms of style and the overall décor has been carefully developed by Verde Homes’ in-house creative team to best showcase the work of this highly regarded boutique builder,” Stephen said.

The home is completed upstairs, where the secondary master suite and a further two bedrooms with walk-in robes are located, complete with their own living room and bathroom.

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The ultimate investment opportunity

Verde Homes is proud to offer the company’s flagship display home for sale on a sale/leaseback arrangement.

The terms of this offer are:

  • Price $4.98m
  • Settlement 60/90 days
  • Leaseback for two years at $200,000 rental per annum

Verde Homes will maintain the home in immaculate order and pay all outgoings. Therefore, whoever buys this home will receive a 4% return on their investment – this is a close approximation of the interest expense to borrow the full amount.

For more information, please contact Marshall White agent Stephen Gough on 0439 844 855.