1, 71 Wicklow Avenue, Croydon, VIC 3136

Retail

For Sale

  • Property ID: 442170
  • Floor Area: 75m²
  • Occupancy: Tenanted
RETAIL INVESTMENT - NEW 3 YEAR TERM

Appleby Commercial is pleased to offer 1/71 Wicklow Avenue, Croydon to the market for sale by private treaty.

This retail building offers a high profile position at the front of the Croydon Central Shopping Mall and is positioned directly opposite the Croydon Train Station which is currently undergoing a significant redevelopment and is forecast for completion by 2025.

Property Features:
- Floor Area: 75m2 approx.
- Ample Surrounding Car Parking
- Excellent Exposure

Lease Details:
- Rental: $35,940.00 + GST & outgoings p.a.
- Lease Term: 3 years commencing 8th March 2024
- Further Options: 5 years
- Reviews: Annual CPI & Market Review at Option

For further information or to arrange an inspection contact Appleby Commercial today.

Additional Information
Features
  • Availability: 30/60 days
  • Lease Term: 3 Years
  • Rent Review: Annual CPI & Market at Option
  • Condition: Very Good
Outgoings
  • Water Rates: Tenant Pays
  • Council Rates: Tenant Pays
  • Owners Corp. / Insurance: Tenant Pays
Croydon Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6164 $316 5.12%
Offices $4753 $304 6.40%
Industrial $4739 $191 4.03%
This is the average advertised price, rent and yield for Croydon, VIC 3136*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Appleby Real Estate

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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