6, 37-51 Lusher Road, Croydon, VIC 3136

Industrial

Sold

Sold

  • Property ID: 444562
  • Floor Area: 1140m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 6, 7 & 8 Sold 29/05/2024 1140m2 N/A Contact Agent
STRENGTHEN YOUR PORTFOLIO - RARE OPPORTUNITY

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
- Floor Area: 1,140m2*
- Undercover Canopy: 160m2*
- 40 Allocated Car Spaces
- Close proximity to Croydon Train Station

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

Additional Information
Features
  • Availability: 30/60 days
  • Lease Term: 5 years + 5 years
  • Rent Review: 3% annual
  • Car Spaces: 40
  • Condition: Very Good
  • Air Conditioning: Yes
Outgoings
  • Water Rates: Tenant Pays
  • Council Rates: Tenant Pays
  • Owners Corp. / Insurance: Tenant Pays
Croydon Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6752 $367 5.44%
Industrial $4297 $230 5.35%
Offices $2979 $302 10.15%
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.
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  Appleby Real Estate

 

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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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