For sale is a prime commercial investment opportunity located on the bustling Mt Dandenong Road in Croydon. This ground floor retail space of approximately 71.7m² is securely tenanted on a 5 + 5 year lease term with a 4% fixed annual rent increase, currently returning $23,160.24 per annum. Positioned just around the corner from Main Street, the property is surrounded by a wide array of retail services and amenities including cafes, supermarkets, major banks and the post office. It is ideally located opposite a Woolworths-anchored shopping centre and directly beneath a modern complex of 86 luxury apartments, ensuring high foot traffic and visibility. The property also includes a secure car space behind remote gates as well as a single apartment basement car park. All essential services are connected, including gas, water, sewer, grease trap, data, and power. This is a rare chance to secure a high-performing retail investment in a thriving location with long-term growth potential.
Email enquiry to McGrath - Croydon
Property ID: 504863696
Original Property ID: 504863696