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10/21-43 Merrindale Drive Croydon South, VIC 3136

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10/21-43 Merrindale Drive,
Croydon South, VIC 3136

Warehouse, Factory & Industrial

Key property information

Floor area

Zoning

Tenure type

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Map of 10/21-43 Merrindale Drive

Directions
  • Train stations within 5 km of 10/21-43 Merrindale Drive, Croydon South, VIC 3136Distance
    Croydon Station2.1 km
    Ringwood East Station3.5 km
    Mooroolbark Station3.6 km
    Bayswater Station3.8 km
    Heathmont Station4.4 km
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  • Tram stops within 5 km of 10/21-43 Merrindale Drive, Croydon South, VIC 3136Distance
    Boronia Rdpark Cres875 m
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  • Bus stops within 5 km of 10/21-43 Merrindale Drive, Croydon South, VIC 3136Distance
    Merrindale Dr/Dorset Rd (Croydon South)205 m
    Eastfield Rd/Dorset Rd (Croydon South)262 m
    Prospect Hill RdDorset Rd Croydon274 m
    Paris AveEastfield Rd Croydon South474 m
    Belmont Rd/Dorset Rd (Croydon South)479 m
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INVESTMENT SET IN STONE

POINT OF INTEREST:

Presenting a prime investment opportunity, this impeccably maintained warehouse, located in a thriving industrial precinct, promises substantial returns and long-term security. Built just four years ago, the property is currently leased to Splendor in Stone p Pty. Ltd, a reputable tenant committed to a renewed 2 year lease starting from March 2026.

Boasting a generous total building area of 307 sqm*, the warehouse features a spacious internal clearance of 8 meters*, ideal for accommodating a range of industrial operations efficiently. The property includes  allocated on-site car parks, enhancing convenience for both employees and visitors.

Currently generating a robust passing income of $51,743.83  per annum plus GST and outgoings, this investment assures stable cash flow from day one. The lease terms with Splendor in Stone Pty. Ltd. provide a solid foundation for consistent returns over the duration of the lease, offering investors peace of mind and financial security. Strategically positioned within a sought-after industrial hub, with easy access to major transport routes and amenities, this property represents an outstanding opportunity to acquire a high-quality asset with a reliable tenant in place. Don't miss your chance to secure this excellent investment in Melbourne's thriving commercial property market.

- Leased to Splendor in Stone Pty Ltd
- 2 year lease starting March 2026
- Passing Income $51,743.83 + GST and Outgoings
- 307 sqm* of total building area.
- 8 m* internal warehouse clearance.
- Allocated on-site car parks.
- Gated Estate

POINT OF VIEW:

They say business success is being at the right place at the right time. We’ve already established the place, but the time is down to who gets in first to secure this fine Investment.

*Approx.
Pricing excludes GST

Croydon South, 3136 demographic data

The median household income for Croydon South is $1,876, 1% lower than Greater Melbourne's household income of $1,901. Croydon South has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 58% of property owners in Croydon South have a mortgage.

4,759
Population
$1,876 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
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10/21-43 Merrindale Drive
Croydon South, VIC 3136

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