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166 Main St 3,305 SF Retail Building Croydon, VIC 3136 $1,188,743 ($359.73/SF)
Investment Highlights
- Positioned in the heart of Croydon’s Main Street retail precinct flanked by four major banks and Australia Post.
- Solar power system installed delivering ongoing energy savings and sustainability benefits.
- Convenient rear carparking and access for practical business operations.
- Walking distance to Croydon Railway Station and close to major arterial links and public transport.
Executive Summary
This high-exposure freehold property is positioned in one of the most sought-after retail locations in Melbourne’s eastern suburbs. Located on Main Street, Croydon, the property benefits from heavy pedestrian traffic and a robust trading environment supported by major national banks including Commonwealth Bank, NAB, ANZ, and Westpac. Australia Post and a range of thriving local businesses are meters away, reinforcing steady footfall and business synergy.
With recent infrastructure upgrades enhancing accessibility and streetscape appeal, Main Street continues to grow as a vibrant commercial precinct. Zoned Commercial 1, the property provides flexibility for diverse retail, hospitality, or service-based uses. Rear access and on-site carparking increase operational convenience, while solar panels and existing amenities add long-term value for owner-occupiers or investors. Currently offered with vacant possession, the site presents immediate occupation or leasing opportunities with an estimated rent potential of $100,000 per annum.
Positioned within walking distance of Croydon Railway Station (approx. 300 m) and major bus routes, and just minutes to arterial roads like Mt Dandenong Road, this property offers an exceptional connection to surrounding suburbs and Melbourne’s eastern growth corridor.
With recent infrastructure upgrades enhancing accessibility and streetscape appeal, Main Street continues to grow as a vibrant commercial precinct. Zoned Commercial 1, the property provides flexibility for diverse retail, hospitality, or service-based uses. Rear access and on-site carparking increase operational convenience, while solar panels and existing amenities add long-term value for owner-occupiers or investors. Currently offered with vacant possession, the site presents immediate occupation or leasing opportunities with an estimated rent potential of $100,000 per annum.
Positioned within walking distance of Croydon Railway Station (approx. 300 m) and major bus routes, and just minutes to arterial roads like Mt Dandenong Road, this property offers an exceptional connection to surrounding suburbs and Melbourne’s eastern growth corridor.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront
Building Size
3,305 SF
Building Class
C
Price
$1,188,743
Price Per SF
$359.73
Tenancy
Single
Building Height
1 Story
Building FAR
0.66
Lot Size
0.12 AC
Parking
2 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
27’ on Main Street
Amenities
- Signage
- Air Conditioning
Contacts
-
Tom Gilbert -
Mathew Dompietro -
Joshua Bartlett -
Dylan Ashby -
Hudson Bond Commercial Pty. Ltd.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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166 Main St
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