10 The Mall, Croydon South, VIC 3136

Hotel/Leisure | Retail

Sold Contact Agent

Sold

  • Property ID: 398894
  • Floor Area: 110m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 110m2 N/A Contact Agent
TASTY RETAIL INVESTMENT

EXPRESSION OF INTEREST CLOSING 29TH OCTOBER 2021

Located in a vibrant strip shopping precinct of Croydon South, this fabulous property offers an excellent hospitality layout and has ample customer parking at the doorstep.

The property is in very good condition and together with the tenant Bubba Pizza is maintained to a very high standard.

The tenant has been in place for 21 years and signed a 5 + 5 year lease on 1st May 2018.
The lease is with Bubba Pizza Corporate directly who operate 20 stores in Victoria and South Australia.

This is a great opportunity to secure a commercial investment property with a long standing corporate tenant on a current rent of $51,900pa gross including outgoings with 4% annual increases.

All Inquiries Contact John Black 0419341986
Matt Brown 0418599486

Croydon South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $153 ---
Retail $7727 --- ---
Industrial $3161 $155 4.91%
This is the average advertised price, rent and yield for Croydon South, VIC 3136*
* 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.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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