CRS Property is pleased to offer this property for sale via on-site Auction Thursday 11th September at 1.00pm An excellent opportunity to secure a highly sought after asset with Maroondah Highway frontage which represents an outstanding freehold investment opportunity not be missed. This investment provides key fundamentals, providing investors with secure income, stability, and an excellent addition to your property portfolio. The key attributes of this outstanding opportunity include: • Prime shop of 100 sqm approx. • Land Area: 253 sqm approx. • 10 + 5 year lease from October 2023 • Leased to Croydon North Coin Laundry • Secure income of $35,196 per annum plus statutory outgoings and GST. • CPI rent reviews annually with market review at end of the first term • Rear access and onsite parking • Long term secure tenant • Excellent prospects for strong capital growth & future development (STCA) • Maroondah Highway frontage & exposure to 46,000 plus cars per day • Strategically located within Melbourne's eastern growth corridor • Convenient connectivity to major arterials including Eastlink, Mt Dandenong Road, and Whitehorse Road. • Close proximity to Croydon Central shopping mall & Croydon Train Station. • Just 30km from Melbourne's CBD, marking it a strategic location. FOR SALE BY PUBLIC AUCTION THURSDAY 11th SEPTEMBER AT 1.00PM ON SITE To obtain further information or to arrange an inspection, please contact CRS Property selling agents, Lou Montalti 0488 553 455 [email protected]
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