POINT OF INTEREST:  

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, set to open to passengers in late July 2024, with finishing works continuing into spring. 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 new 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