17 Faraday Rd, Croydon South is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 410m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in June 2014.
PRIOR OFFERS INVITED!
A very unique opportunity indeed, for the shrewd investor who can imagine the endless possibilities on the Part Mixed Zone/Part Residential 1 Zoned Freehold and vacant allotment (STCA). Set on 415m approx., the downstairs main shop area has approx. 48m of floor space under ultra-high ceilings with dedicated shower, toilet, extra storage and more for the potential of a home business (STCA). A door seals in the residence at rear with the downstairs lounge and dining, full bathroom, generous modern kitchen with a huge pantry, through to the private backyard with small deck leading down to the courtyard - Veggie gardens and double lockup garage accessed via the rear service lane. Upstairs youll find a roomy master bedroom with large built in robe, second bedroom with robe and an additional roomy third.
Street appeal is high with a commercial presence and lots of on-street parking. This property has to be seen to be believed, and to grasp the boundless potential.
The size of Croydon South is approximately 2.6 square kilometres. It has 11 parks covering nearly 3.6% of total area. The population of Croydon South in 2011 was 4,531 people. By 2016 the population was 4,585 showing a population growth of 1.2% in the area during that time. The predominant age group in Croydon South is 30-39 years. Households in Croydon South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croydon South work in a professional occupation. In 2011, 80.5% of the homes in Croydon South were owner-occupied compared with 78.9% in 2016.
Croydon South has 2,399 properties. Over the last 5 years, Houses in Croydon South have seen a 34.57% increase in median value, while Units have seen a 21.12% increase. As at 31 August 2024:
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