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1 Railway Cres 6,318 SF 100% Leased Retail Building Croydon, VIC 3136 $1,801,125 ($285.06/SF) 5.74% Cap Rate
Investment Highlights
- Located within Commercial 1 Zone, offering development upside (STCA).
- Surrounded by upgraded transport and retail infrastructure.
- Close proximity to Croydon Train Station, Main Street, and key roadways.
Executive Summary
This freestanding commercial asset presents a fully leased investment opportunity in a tightly held Croydon location. The property features two established professional tenants, providing a combined annual net rental of $143,616 supported by long-term, secure leases. Set on a 1,032 m² site with 587 m² of functional internal space, the structure accommodates both office and consulting use within the Commercial 1 Zone, offering advantageous flexibility for future repositioning or redevelopment (STCA).
Positioned moments from Main Street, the upgraded Croydon Train Station, and major arterials including Mt Dandenong Road and Dorset Road, this address ensures seamless connectivity to Melbourne's eastern corridor. Investors gain exposure to a precinct benefiting from significant infrastructure upgrades and consistent demand for quality commercial premises in Melbourne’s outer east. Available now at $2,500,000, this property is ideal for investors seeking a diversified income stream in a high-exposure setting.
Positioned moments from Main Street, the upgraded Croydon Train Station, and major arterials including Mt Dandenong Road and Dorset Road, this address ensures seamless connectivity to Melbourne's eastern corridor. Investors gain exposure to a precinct benefiting from significant infrastructure upgrades and consistent demand for quality commercial premises in Melbourne’s outer east. Available now at $2,500,000, this property is ideal for investors seeking a diversified income stream in a high-exposure setting.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,318 SF
Building Class
C
Price
$1,801,125
Price Per SF
$285.06
Cap Rate
5.74%
NOI
$103,468
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.26 AC
Frontage
106’ on Railway Crescent
Amenities
- Signage
- Air Conditioning
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1 Railway Cres
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