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Gross Waddell ICR - Commercial

429-431 Mt Dandenong Road Croydon, VIC 3136

Directions

429-431 Mt Dandenong Road,
Croydon, VIC 3136

Shops & Retail
Added 1 day ago

Price information

Sale - Auction Thu 28 Nov

Contact Agent

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Partially Leased
Est. Incomep.a.
$80,000
Number of Tenants
1 Tenant
Tenants / Type
Bottlemart

Auction

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Private inspections

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Gross Waddell ICR - Commercial
Alex Ham
Glenn Ye 叶格林

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
429-431 Mt Dandenong Road
Croydon, VIC 3136

Map of 429-431 Mt Dandenong Road

Directions
  • Train stations within 5 km of 429-431 Mt Dandenong Road, Croydon, VIC 3136Distance
    Mooroolbark Station2 km
    Croydon Railway Station (Croydon)2.1 km
    Ringwood East Station4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 429-431 Mt Dandenong Road, Croydon, VIC 3136Distance
    Shelley Ave/Mt. Dandenong Rd (Kilsyth)58 m
    Churchill Way/Mt. Dandenong Rd (Croydon)62 m
    The Oaks/Mt. Dandenong Rd (Croydon)286 m
    Jarvis Ave/Mt. Dandenong Rd (Croydon)319 m
    Glen Dhu Rd/Mt. Dandenong Rd (Kilsyth)486 m
    POWERED BY HERE ©
POWERED BY HERE ©

HIGH EXPOSURE RETAIL SHOWROOM WITH UPSIDE

  • High exposure site
  • Huge value add opportunity
  • Substantial landholding
Gross Waddell ICR and Frederick Property Group are delighted to offer for sale 429-431 Mt Dandenong Road, Croydon via Public Onsite Auction on Thursday 28th November at 12:00pm.

This versatile property will suit owner occupiers, investors or landbank developers.

Key property highlights include:

• 1,700sqm* of Commercial 1 zoned land

• Current configuration consists of 2 retail/showroom facilities with a combined building area of 800sqm*

• Part leased to Bottlemart with the balance vacant, providing unparalleled potential for owner occupiers, savvy investors or landbank developers

• Current rental of $67,200* p.a., with potential to increase to $150,000* p.a. once fully leased

• Over 37m* frontage to Mt Dandenong Road

• Existing warehouse building offering excellent versatility

• Surrounded by national retailers including Dan Murphy’s, Woolworths, Australia Post, Bakers Delight, plus more


For more information or to arrange an inspection, please contact Gross Waddell ICR or Frederick Property Group directly.

*Approx.

Property ID: 504725528Last Updated: 31 Oct 2024

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