House for sale

11 Vernon Street,

Croydon, VIC

2 1 0
$2,700,000 - $2,900,000

CROYDON’S BEST INVESTMENT OR DEVELOPMENT OPPORTUNITY

Here is your chance to secure one of Croydon’s most attractive investments currently comprising of 10 units with a mix of 2 x 1 bedroom units and 8 x 2 bedroom units. These properties are currently returning a secure rental return of $104,500 p.a with many tenants secure on fixed leases until August 2018. This Zoned GRZ1 parcel of flat level land containing 2982m2, allow the purchases to hold the properties in their current existing format or modify the existing units and place onto separate titles or remove the existing dwellings and redevelop the land to your choosing (STCA). Located only a short walk of 500m to Croydon Main street, train station and public transport, local parks, schools and Arndale shopping complex makes this property an attractive proposition for the investor and developer markets. Also available adjoining allotment at the rear is 20 – 22 Lusher Road, Croydon. Call me privately to arrange your inspection.
Last updated: 03:34PM on Nov 20th 2017
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Methven Croydon Pty Ltd

2 Croydon Road
Croydon VIC, 3136
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