Solid Investment With Great Rental Upside
- Great Rental Upside
- Invest, Develop, Occupy
- AAA Grade Location
Prominently located on the corner of Windsor Road & Jackson Street in tightly held central Croydon, this exciting property lends itself to a variety of uses including, investment, development, and options for future owner-occupiers.
Land area: 1,815m2
Building area: 960m2
Zoning: Industrial 1
The property is comprised of 3 separate tenancies that are currently leased for $107,768.92 per annum + GST + Outgoings.
Tenancy Information:
Unit 1: 230m2
Tenant: All About Window Tinting
Rent: $25,768.92 + GST + Outgoings
Term: 2 years
Start date: 1st May 2023
Further Terms: 1 Further term of 2 years
Units 2 & 3: 460m2
Tenant: Laing O’Rourke Australia Construction Pty Ltd
Rent: $58,000 + GST + Outgoing
Term 6 months from 6th May 2024
Further terms: Nil
Unit 4: 270m2
Tenant: Col’s Mower Service
Rent: $24,000 + GST
Term: Monthly Tenancy
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