Appleby Commercial is excited to offer 6/37-51 Lusher Road, Croydon for sale by Expressions of Interest closing Thursday 20th June at 2pm AEST unless sold prior.
Currently leased to Hope City Church this is a great investment opportunity with a number of future opportunities.
Property Details
Lease Details
- Tenant: Melbourne Hope City Church
- Current Rental: $128,171.39 per annum, plus GST & outgoings
- Lease Term: 5 years commencing 1st February 2021
- Further Term: 5 years
- Review: 3% annual increases
For further information or to arrange an inspection please contact Appleby Commercial today.
* Approximately
The size of Croydon is approximately 14.1 square kilometres. It has 52 parks covering nearly 13.7% of total area. The population of Croydon in 2011 was 23,552 people. By 2016 the population was 26,958 showing a population growth of 14.5% in the area during that time. The predominant age group in Croydon is 30-39 years. Households in Croydon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croydon work in a professional occupation. In 2011, 71.3% of the homes in Croydon were owner-occupied compared with 70.1% in 2016.
Croydon has 15,623 properties.
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