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16-18 Windsor Road
Croydon VIC 3136
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Sold on 21 Jun 2024

16-18 Windsor Road Croydon VIC 3136

  • Factory, Warehouse & Industrial
  • 960 m²
  • Sold, $2,105,000

Solid Investment With Great Rental Upside

    Prominently located on the corner of Windsor Road & Jackson Street in tightly held central Croydon, this exciting property lends itself to a variety of uses including, investment, development, and options for future owner-occupiers.
    Land area: 1,815m2
    Building area: 960m2
    Zoning: Industrial 1

    The property is comprised of 3 separate tenancies that are currently leased for $107,768.92 per annum + GST + Outgoings.

    Tenancy Information:
    Unit 1: 230m2
    Tenant: All About Window Tinting
    Rent: $25,768.92 + GST + Outgoings
    Term: 2 years
    Start date: 1st May 2023
    Further Terms: 1 Further term of 2 years

    Units 2 & 3: 460m2
    Tenant: Laing O'Rourke Australia Construction Pty Ltd
    Rent: $58,000 + GST + Outgoing
    Term 6 months from 6th May 2024
    Further terms: Nil

    Unit 4: 270m2
    Tenant: Col's Mower Service
    Rent: $24,000 + GST
    Term: Monthly Tenancy

    Property Highlights

    Date Sold21 Jun 2024
    Sold Price$2,105,000
    Floor Area960 m²
    Land Area1,815 m²
    ParkingAsk Agent
    Property ID2019287878
    Category
    Last updated  21 Jun 2024
    Map for 16-18 Windsor Road Croydon VIC 3136

    Property Highlights

    Date Sold21 Jun 2024
    Sold Price$2,105,000
    Floor Area960 m²
    Land Area1,815 m²
    ParkingAsk Agent
    Property ID2019287878
    Category
    Last updated  21 Jun 2024

    Co-Agents

    Nic Sal
    Cameron - Eastern Office
    Call
    0422 261 649
    Sray Chitrakar
    Cameron - Eastern Office
    Call
    0426 285 889

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