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*
