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16-18 Croydon Road
Croydon VIC 3136
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Sold on 27 Jun 2018

16-18 Croydon Road Croydon VIC 3136

  • Offices
  • 1,628 m²
  • Sold

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 Highlights

Date Sold27 Jun 2018
Floor Area1,628 m²
Land Area2,012 m²
EnergyAsk Agent
Parking40 x Onsite parkings
Building TypeWhole building
Property ID2014380697
Category
Last updated  1 Mar 2021
Map for 16-18 Croydon Road Croydon VIC 3136

Property Highlights

Date Sold27 Jun 2018
Floor Area1,628 m²
Land Area2,012 m²
EnergyAsk Agent
Parking40 x Onsite parkings
Building TypeWhole building
Property ID2014380697
Category
Last updated  1 Mar 2021

Listed by

Knight Frank Eastern Office
Call
0385458600

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