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Suite 3/6 Croydon Road
Croydon VIC 3136
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Sold on 9 Sep 2024

Suite 3/6 Croydon Road Croydon VIC 3136

  • Offices
  • 143 m²
  • Sold

$600,000 PLUS BUYERS , ESSENTIAL SERVICES TENANT IN THE HEART OF CROYDON

    POINT OF INTEREST:  

    OFFERS UNDER REVIEW

    An investment delivering both social and portfolio impact, this prime opportunity in the heart of Croydon offers exceptional value. Suite 3 is a spacious office spanning 143 sqm*, part of a recently refurbished boutique corporate complex. The suite features new heating and cooling systems, carpets, ceilings, lighting, and even boasts its own kitchen. The new tenant, Life Saving First Aid, has chosen this as their 7th location across the state, bringing in an annual leasing income of $40,000 plus GST and outgoings.
    Situated at the bustling intersection of Croydon Road, Kent Avenue, and Wicklow Avenue, this location is just a few hundred meters from the new Croydon Railway Station, now open to passengers and featuring modern facilites, lifts and new station forecourt. Croydon’s Main Street and shopping mall are within walking distance, with Coles, ALDI, and the charming independent storefronts of Croydon Central conveniently sitting pretty on Kent Avenue.

    -    Leased to Life Saving First Aid Pty Ltd.
    -    $40,000 + GST + outgoings in annual leasing income.
    -    New 3-year lease beginning 25th June 2024 with 2 further terms of 3 years each.
    -    $12,000 security deposit + personal guarantees
    -    7 locations across Victoria
    -    https://lifesavingfirstaid.com.au

    -    143 sqm* total strata building area.
    -    Individual heating & cooling, seperately metred
    -    Commercial 1 zoning.
    -    3 car spaces on title.
    -    1 km* to Maroondah Highway.
    -    300 m* to the newly reopened Croydon railway station.
    -    Depreciation benefits – indicative schedule available

    POINT OF VIEW:

    A new lease, within a new building, amongst the heart of Croydon — this asset is any investor’s dream line-up, with a price tag that’ll make you pinch yourself.

    *Approx

    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold9 Sep 2024
    Floor Area143 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019383575
    Category
    Last updated  9 Sep 2024
    Map for Suite 3/6 Croydon Road Croydon VIC 3136
    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold9 Sep 2024
    Floor Area143 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019383575
    Category
    Last updated  9 Sep 2024

    Co-Agents

    Stan Dawidowski
    CVA Property Consultants Pty Ltd
    Call
    0400 448 755
    Ian Angelico
    CVA Property Consultants Pty Ltd
    Call
    0418336088

    More about Suite 3/6 Croydon Road Croydon VIC 3136

    Suite 3/6 Croydon Road Croydon VIC 3136 is categorized as Office. It has a floor area of 143 m². The listing ID for this property is 2019383575.

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