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16-18 Croydon Road Croydon, VIC 3136

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16-18 Croydon Road,
Croydon, VIC 3136

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Standalone Office With Significant Upside – Circa 7.5% yield

  • Invest, develop or occupy
  • Large landholding of 2,012sqm*
  • Estimated net income of $359,240 p/a
Knight Frank is proud to present 16-18 Croydon Road, Croydon for sale by Expressions of Interest.

A prominent standalone two level office building of 1,628sqm the property comprises of a total of eight tenancies. Situated on a large rectangular allotment of 2,012sqm the property also benefits from a total of 40 onsite car parks.

Key Features of 16-18 Croydon Road, Croydon:-

• Standalone two level office building of 1,628sqm with 40 onsite car parks
• Large land holding of 2,012 sqm Zoned Commercial 1
• Estimated fully leased net income of $359,240 per annum plus GST
• Valuable rear access facilitating future residential development (STCA)
• Eight individual strata units to be sold in one line
• Prime positioning close to public transport and excellent surrounding amenity
• Suitable to owner occupiers, investors and developers
The property is surrounded by excellent amenity and public transport, being less than 300 metres to the Croydon Train Station and Croydon Central Shopping centre

For further information or to arrange an inspection please contact your preferred agent.

Property ID: 502814922Last Updated: 1 Mar 2021

03 8545 86...
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16-18 Croydon Road
Croydon, VIC 3136
Knight Frank - Eastern Office
Level 3 10 Nexus Court
MULGRAVE, VIC 3170
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