401-415 Maroondah Highway Croydon North VIC 3136

Highly convenient and refurbished Neighbourhood Shopping Centre (3,092sqm* GLA) anchored by Coles + 11 specialty shops
Brand New 10 year lease to Coles (Westfarmers ASX:WES), expiring June 2026 plus options
On the going home side of Maroondah Highway and passed by 30,000 cars per day**
Supermarket operating from the site for nearly 40 years
Convenient at-grade car park for 113 vehicles* + the benefit of 1 hour street parking
Highly exposed 7,707sqm* 'Commercial 1' site with 3 street frontages - 111.7m* to Maroondah Highway, the primary thoroughfare connecting the eastern corridor of Melbourne
Melbourne Metropolitan location with high portion of home ownership - 30km* from the Central Business District
Vast established trade catchment area with consistent growth forecasted due to increase housing density
Net Income of $844,000 p.a. (at June 2016)

*Approx **Source: Vic Roads