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Offices

4-6 Croydon Road Croydon, VIC 3136

Sold for $1,300,000 on 16 Mar 2016
  • Building: 576.96m²
  • Land: 690.2m²
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Offices in Croydon

Freehold Investment With Long Term Tenancies

  • Building: 576.96m²
  • Land: 690.2m²

Ray White Commercial are pleased to present for sale by Auction this multi tenanted freehold title property of 576.96sqm* located on a high profile roundabout in central Croydon and 35kms* East of Melbourne CBD.

The property is adjacent to the Croydon Railway Station, Croydon Primary School and Croydon Central Shopping Centre.
Croydon Central is about to embark upon a $50 million expansion and refurbishment project. Development approval is currently being sought from Local Council to expand the Centre to around 30,000m2 of retail space.

Investment features include:-

. Passing net rent $82,236.36*
. Fully let net rent $107,236.00*
. Long term tenants
. 7 under cover and 5 open car parking spaces

To inspect or for further information call Paul Waterhouse 0417 660 153

Approx*

Building:

576.96m²

Land:

690.2m² / 0.17 acres

Categories:

Offices, Retail, Medical/Consulting

Investment Information

Tenancy Status:

Partially Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

4-6 Croydon Road, Croydon, VIC 3136