SOLD
Sold on 13 Jul 2024 for $935,000

82 Croydon Road
Croydon VIC 3136

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1130m2
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Property Details for 82 Croydon Rd, Croydon

Building Type
Commercial
Land Size
1130m2
Local Government
Maroondah
Lot/Plan
1/TP622071

Last Listing description (August 2024)

* Freehold Takeaway/Cafe/Retail
* 3-Bed 1-Bath Residence with huge backyard
* Additional Development Potential (STCA)

With main road frontage and high traffic at your fingertips, a private residence at the ready and additional land with further development potential (STCA) - this property is one for the astute developer or business owner with plans that dream big!
This significant parcel in the heart of Croydon enjoys vibrant exposure and significant traffic flow just a short walk from Croydon Primary School and Croydon Community School as well as main street Croydon and the new Croydon transport hub due for completion.
The premise features a stylish shopfront with dual counters and a walk-in cool-room with 2-way fridges with the layout suiting a variety of businesses including cafe, takeaway, sandwich bar, convenience store, ice-creamery or even a florist. A bonus is the 3-bedroom, 1 bathroom residence at the rear that could be occupied or tenanted for additional income.
Situated on a wide 1130m2 allotment with gated side access to the rear, there is sizable garden space to get creative with car parking, additional dwellings or development (STCA). Additionally, a space at the entrance could be further utilised for outdoor seating.
Inventory includes multiple sinks, shopfront serving counters, cool room, storage room and deep fryer (full inventory available upon request).
Don't miss this opportunity to gain access to one of Croydon's premier commercial opportunities with scope for so much more. Enquire today.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 82 Croydon Rd, Croydon, VIC 3136

A timeline of how this property has performed in the market
Last Sold
$935,000
13 Jul 2024
  • 13 Jul 2024
    Sold for $935,000
  • 20 Jun 2024
    Listed for Sale $900,000 - $990,000
  • 07 Jun 2011
    Transferred

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About Croydon 3136

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 15,652 properties. Over the last 5 years, Houses in Croydon have seen a 28.96% increase in median value, while Units have seen a 17.46% increase. As at 31 August 2024:

  • The median value for Houses in Croydon is $954,805 while the median value for Units is $649,915.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 38 properties listed for sale, and 9 properties listed for rent in Croydon on OnTheHouse. According to CoreLogic's data, 636 properties were sold in the past 12 months in Croydon.

Suburb Insights for Croydon 3136

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.