83 Maroondah Highway, Croydon, VIC 3136

Development/Land | Medical | Other

Sold

Sold

  • Property ID: 413024
  • Floor Area: 575m²
  • Land Area: 4817m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 575m2 4817m2 Contact Agent
OUTSTANDING DEVELOPMENT OPPORTUNITY

Vinci Carbone are pleased to offer for sale 83 Maroondah Highway, Croydon. This highly desirable main road development site offers an excellent opportunity for occupiers or developers to unlock the development potential of this site.

Key highlights:

Substantial land area of 4,817 sqm* with a 44 metre* street frontage
Zoned General Residential (GRZ1)
Suit a variety of uses including medium density residential/retirement village/medical/aged care (STCA)
Short term lease for rear portion of the site returning: $48,000 per annum* (including GST) plus outgoings (pro-rata)
Ideal opportunity for occupiers or developers

Croydon features an abundance of shopping facilities including the charming tree-lined shopping strip along Main Street, Croydon Central and Civic Square Shopping Centre.

The area is also well serviced by public transport with the Croydon Train Station less than 5 minutes to the subject property and bus services operating along Maroondah Highway.

The eastern suburbs road networks are very accessible with the nearby Eastern Freeway providing the main arterial road into the CBD.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 23 JUNE 2022 AT 4PM

*approx

Croydon Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6164 $316 5.12%
Industrial $4739 $191 4.03%
Offices $4753 $304 6.40%
This is the average advertised price, rent and yield for Croydon, 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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