5-6, 14-17 Railway Crescent, Croydon, VIC 3136

Industrial | Showrooms

Sold $1,500,000

  • Property ID: 435734
  • Floor Area: 520m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 01/11/2023 520m2 N/A $1,230,000
Unlimited Potential

Factories 5 - 6 / 14-17 Railway Crescent Croydon is proudly for sale.

Offering:
- Street fronted access
- Two separate titles
- Each unit 260sqm total size 520sqm approx.
- Fantastic onsite parking.
- 3 Phase power.
- Good natural light.
- Lease commenced on 1 July 2023 for 3 years.
- No further options.
- The original lease has a redevelopment clause, with 12 months notice.
- Rent: $51,112 P.A. plus GST + Outgoings.
- Annual CPI increases.
- This location has also been marked as possible future residential redevelopment of 3 to 4 story buildings STCA.
- With the level crossing in Croydon to be removed and the station to have an overhaul Croydon properties are sure to see some huge growth over the coming years.

For further information or to organize an inspection please call James Johnson on 0423 691 148
JJ Industrial Real Estate – Tsimos commercial
03 9585 1599
Suite 9 / 653 Mountain Hwy, Bayswater VIC 3153

Croydon Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2979 $302 10.15%
Industrial $4297 $230 5.35%
Retail $6752 $367 5.44%
This is the average advertised price, rent and yield for Croydon, VIC 3136*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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